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Crisil in collaboration with Bereau of Energy Efficiency,Ministry of Power, Government of India has assigned a "CRISIL-BEE Grade 3" to EPIC Energy Limited,
which indicates Good ability of the graded energy service company to undertake energy efficiency projects.
Strengths:
n Energy saving portfolio supports the company's business profile.
n Judiciously managed acquisition-led growth strategy.
ESCO Related Business:
n Four year in ESCO related activities.
n Most of the staff experienced in the energy services field.Second line of management is experienced and qualified.
n The energy services business is limited to mainly lighting,some presence in HVAC.
n EPIC Energy's largest customers are municipalities(Navi Mumbai,Madurai and Thane); these account for about 60.00 percent of revenues, Private sector players account for the remaining 40 percent of revenues.
n The company's geographical reach expands to Maharashtra, Chhattisgarh, Tamilnadu, Gujarat, Andhrapradesh, Kerala, Punjab, Rajasthan, Karnataka, Uttarakhand.
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