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Epic Energy, REFNIC Partner for Li-ion Battery Recycling, Second-Life Battery Assembly Plant

Epic Energy has partnered with REFNIC to develop a lithium-ion battery shedding facility and a second-life battery assembly plant with a processing capacity of around 10 MWh per month, in Maharashtra.

February 03, 2026. By Mrinmoy Dey

Epic Energy has announced that the company has entered into a collaboration with REFNIC, a brand operated by Zetrance Technology, for the development of Epic’s lithium-ion battery recycling and second-life battery initiatives through its Special Purpose Vehicle, Swachchha Urja Nirman LLP (SUN LLP).

Through this collaboration, Epic Energy brings REFNIC onboard as the technical partner for 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 company stated in a regulatory filing.

Commenting on the development, Bhalchandra Kadam, Partner, SUN LLP, stated, “As adoption of electric mobility and energy-storage solutions continues to scale, it is essential to address not only battery recycling but also the structured repurposing of usable cells through second-life applications. Scientific handling of industrial residues, process sludge, and recoverable materials is central to building environmentally compliant and future-ready clean-energy supply chains.”

Nikhil Morsawala, Chief Financial Officer, Epic Energy, stated, “This initiative marks a measured step forward for Epic Energy. Beginning with our first facility at Wada, Maharashtra, which includes a lithium-ion battery shredding plant with an installed capacity of 500 kilograms per hour of black-mass production and a second-life battery assembly line designed for approximately 10 MWh per month, the engagement with REFNIC establishes a scalable technical platform. Over time, this platform may be expanded across India and, where appropriate, extended to global opportunities as the ecosystem evolves.”

Mohit Gulati, Director, REFNIC, stated, “Our systems are designed to support both efficient lithium-ion battery recycling and structured second-life battery assembly, with a strong focus on operational stability, low power consumption, and environmental safeguards. The integration of testing, sorting, and assembly processes enables effective repurposing of usable cells while ensuring safe and compliant recycling of end-of-life materials.”

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, the company stated.

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Swachchha Urja Nirman LLP

Bhalchandra Kadam

Nikhil Morsawala

Mohit Gulati

Lithium-ion battery recycling

Second-life battery assembly plant