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Non Banking Financial Company (NBFC)
Investment3 Feb 2026, 09:58 am

EPIC Energy Collaborates with REFNIC for Lithium-ion Battery Recycling and Second-life Battery Initiatives

AI Summary

EPIC Energy Limited has entered into a collaboration with REFNIC, a brand operated by Zetrance Technology Private Limited, for the development of its lithium-ion battery recycling and second-life battery initiatives through its Special Purpose Vehicle, Swachchha Urja Nirman LLP (SUN LLP). The collaboration includes the design, engineering, integration, installation, and commissioning of a lithium-ion battery shredding facility and a second-life battery assembly plant with an installed processing capacity of approximately 10 MWh per month. The proposed facilities are intended to support the responsible recycling, repurposing, and value recovery of end-of-life lithium-ion batteries, in alignment with EPIC Energy’s long-term strategy focused on sustainable energy systems and circular-economy solutions.

Key Highlights

  • EPIC Energy has entered into a collaboration with REFNIC for the development of its lithium-ion battery recycling and second-life battery initiatives.
  • The collaboration includes the design, engineering, integration, installation, and commissioning of a lithium-ion battery shredding facility and a second-life battery assembly plant.
  • The proposed facilities have an installed processing capacity of approximately 10 MWh per month.
  • The collaboration is in line with EPIC Energy’s long-term strategy focused on sustainable energy systems and circular-economy solutions.
  • The first facility is proposed to be set up at Wada, Maharashtra, with a lithium-ion battery shredding capacity of approximately 500 kilograms per hour of black-mass production and a second-life battery assembly capacity of approximately 10 MWh per month.
EPIC
Non Banking Financial Company (NBFC)
EPIC ENERGY LTD.-$

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