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Epic Energy Ltd.

BSE: 530407 Sector: Engineering
NSE: N.A. ISIN Code: INE932F01015
BSE LIVE 14:56 | 31 Jul Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
OPEN 9.29
PREVIOUS CLOSE 8.85
VOLUME 998
52-Week high 14.76
52-Week low 6.20
P/E
Mkt Cap.(Rs cr) 7
Buy Price 8.50
Buy Qty 100.00
Sell Price 9.29
Sell Qty 2.00
OPEN 9.29
CLOSE 8.85
VOLUME 998
52-Week high 14.76
52-Week low 6.20
P/E
Mkt Cap.(Rs cr) 7
Buy Price 8.50
Buy Qty 100.00
Sell Price 9.29
Sell Qty 2.00

Epic Energy Ltd. (EPICENERGY) - Chairman Speech

Company chairman speech

Leading the Way

As the World prepares to battle the effects of global warming and the resultant climate change impact India is doing its bit to ensure the promotion of renewables and energy efficiency programs.

One of the major steps being taken by Government Agencies in India is to replace all traditional Light Fixtures with Light Emitting Diodes (LEDs). The target is to replace 770 million conventional Light Fixtures with LEDs. Alongside there are plans to introduce less power consuming 50w Fans and energy efficient air conditioners. The target is to save 20-25 percent energy usage translating into a saving of Rs 40000 crs annually and a reduction in peak energy demand to the tune of 20000 MW. This could virtually wipe out the power deficit of our country.

Your company hopes to partner with the Central and State Governments to help in this gigantic task. Towards this end we have tie-ups with various manufacturers both domestic and foreign to supply high quality LEDs at affordable prices. With our experience in handling large scale government projects the time is opportune to create a niche for our company in this segment of Energy Efficiency.

I strongly recommend that all you dear shareholders must also participate in this ambitious program by retrofitting all your lights to LED.

I wish you all the very best for the upcoming Ganpati Festival Id-ul-Adha Navratri and Diwali festivals.

Yours in Energy Efficiency

Nikhil Morsawala

Chairman