Epic Energy has entered into an agreement with Niva Ecotech for setting up a 35 MWp (25 MW) Solar Park and providing Solar EPC Services as well as the full range of Operations along with Maintenance Services.
Niva will identify the land and undertake the entire EPC part of setting up the Solar Park. The Solar Park will be owned by Epic Energy and/or its SPVs set up for this purpose. Epic will identify and contract with the customers for setting up their Solar Plants in the Solar Park, inter alia under the Group Captive Open Access System, including Operations and Maintenance of the said Solar Plants post implementation. Epic will invest in the Equity of the said SPVs and will also arrange the Debt Component of the Project.
Epic Energy has been in the business of Energy Efficiency and Renewable Energy Services.
