FORM 6-K

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C.  20549


                        REPORT OF FOREIGN PRIVATE ISSUER
                        PURSUANT TO RULE 13A-16 OR 15D-16
                                     OF THE
                         SECURITIES EXCHANGE ACT OF 1934


For  the  month  of  November,  2002


                            ENERGY POWER SYSTEMS LIMITED
                  (FORMERLY: ENGINEERING POWER SYSTEMS LIMITED)
                  ---------------------------------------------
                    (Address of Principal executive offices)


          Suite 301, 2 Adelaide Street West, Toronto, Ontario, M5H 1L6
          ------------------------------------------------------------
                    (Address of principal executive offices)


Indicate  by check mark whether the registrant files or will file annual reports
under  cover  form  20-F  or  Form  40-F:

     Form  20-F    X          Form  40-F
               -----


Indicate  by  check  mark  whether  the registrant by furnishing the information
contained  in  this  Form  is  also  thereby  furnishing  the information to the
Commission  pursuant  to Rule 12g3-2b under the Securities Exchange Act of 1934:

               Yes                     No     X
                                          -----

If  "Yes"  is  marked, indicate below the file number assigned to the registrant
in  connection  with  Rule  12g3-  2(b):  82

                                   SIGNATURES

Pursuant  to  the  requirements  of  the  Securities  Exchange  Act of 1934, the
registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned,  thereunto  duly  authorized.

     ENERGY  POWER  SYSTEMS  LIMITED
                              (formerly:  Engineering  Power  Systems  Limited)


Date:  November  25,  2002               By:____"Sandra  J.  Hall"____  ______
     ---------------------                  ----------------------------------
Sandra  J.  Hall,  President,  Secretary  &  Director



Energy  Power
 Systems  Limited



BRITISH  COLUMBIA  SECURITIES  COMMISSION

INTERIM  REPORT
BC  FORM  51-901F
(Previously  Form  61)





FREEDOM  OF  INFORMATION  AND  PROTECT OF PRIVACY ACT:  The personal information
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requested  on  this  form  is  collected under the authority of and used for the
--------------------------------------------------------------------------------
purposes of administering the Securities Act.  Questions about the collection or
--------------------------------------------------------------------------------
use  of this information can be directed  to the Supervisor, Financial Reporting
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(604-899-6729),  P.O.  Box  10142,  Pacific  Centre,  701  West  Georgia Street,
--------------------------------------------------------------------------------
Vancouver,  B.C.  V7Y  1L2  Toll  Free  in  British  Columbia  1-800-373-6393.
------------------------------------------------------------------------------





     ISSUER DETAILS     FOR THE THREE MONTH PERIOD ENDED     DATE OF REPORT
NAME  OF  ISSUER     Y                  M                D     Y
M                 D

ENERGY  POWER  SYSTEMS  LIMITED     2002      09         30     2002       11
22


ISSUER  ADDRESS

2  Adelaide  Street  West,  Suite  301
--------------------------------------

     CITY/                                            PROVINCE     POSTAL CODE
                    ISSUER FAX NO.     CONTACT TELEPHONE NO.

Toronto                   Ontario     M5H  1L6     416-861-9623     416-861-1484
---------------------------------     --------     ------------     ------------

CONTACT  PERSON     CONTACTS  POSITION     CONTACT  TELEPHONE  NO.

Scott  Hargreaves     Chief  Financial  Officer     416-861-1484
-----------------     -------------------------     ------------

CERTIFICATE
-----------
The  three  schedules  required  to  complete  this  Report are attached and the
--------------------------------------------------------------------------------
disclosure  contained  therein  has  been approved by the Board of Directors.  A
--------------------------------------------------------------------------------
copy  of  this  Report  will  be  provided  to  any shareholder who requests it.
--------------------------------------------------------------------------------

                  DIRECTOR'S SIGNATURE          DATE OF REPORT
     PRINT  FULL  NAME     Y                  M                 D
"Sandra  Hall"
     Sandra  Hall     2002       11         22
     ------------     ------------------------
                                      DATE OF REPORT
          Y                  M                 D
DIRECTOR'S  SIGNATURE     PRINT  FULL  NAME
          2002       11         22
"James  C.  Cassina"     James  C.  Cassina
--------------------     ------------------











ENERGY  POWER  SYSTEMS  LIMITED
FORM  51-901F-INTERIM  REPORT  FOR  September  30,  2002
November  22,  2002                                             PAGE  2
_
_______

SCHEDULE  A:     FINANCIAL  INFORMATION

See  unaudited  consolidated  financial  statements of the Company for the three
month  period  ended  September  30,  2002.

SCHEDULE  B:     SUPPLEMENTARY  INFORMATION



                               [GRAPHIC  OMITED]




                               [GRAPHIC  OMITED]


1.     ANALYSIS  OF  EXPENSES
       ----------------------



2.     RELATED  PARTY  TRANSACTIONS
       ----------------------------

During the three month period ended September 30, 2002 the Company did not enter
into  any  related  party  transactions.


ENERGY  POWER  SYSTEMS  LIMITED
FORM  51-901F-INTERIM  REPORT  FOR  September  30,  2002
November  22,  2002                                             PAGE  3
_
_______




3.     SUMMARY  OF  SECURITIES  ISSUED  AND  OPTIONS  GRANTED  DURING THE PERIOD
       -------------------------------------------------------------------------

Please  see  note  4  of the unaudited consolidated financial statements for the
three  month  period  ended  September  30,  2002.

4.     SUMMARY  OF  SECURITIES  AS  AT  END  OF  THE  REPORTING  PERIOD
       ----------------------------------------------------------------

Please  see  note  4  of the unaudited consolidated financial statements for the
three  month  period  ended  September  30,  2002.


5.     LIST  OF  DIRECTORS  AND  OFFICERS:
       -----------------------------------

The  directors and officers of the Company as at  the date of this report are as
follows:

     Directors:     James  C.  Cassina
               Sandra  J.  Hall
               Milton  Klyman
               Ian  S.  Davey
               Ramesh  K.  Naroola

     Officers:          James  C.  Cassina-  Chairman
               Sandra  J.  Hall-President
               Scott  T.  Hargreaves,  CA,  CFA  -  Chief  Financial  Officer






ENERGY  POWER  SYSTEMS  LIMITED
FORM  51-901F-INTERIM  REPORT  FOR  September  30,  2002
November  22,  2002                                             PAGE  4
_
_______


SCHEDULE  C:     MANGEMENT  DISCUSSION  AND  ANALYSIS

1.     DESCRIPTION  OF  BUSINESS
       -------------------------

Please  see  Management Discussion and Analysis for the three month period ended
September  30,  2002.


2.     DISCUSSION  OF  OPERATIONS  AND  FINANCIAL  CONDITIONS
       ------------------------------------------------------

Please  see  Management Discussion and Analysis for the three month period ended
September  30,  2002.


3.     SUBSEQUENT  EVENTS
       ------------------

Please  see  note  3  of the unaudited consolidated financial statements for the
period  ended  September  30,  2002.


4.     FINANCINGS
       ----------

Please  see  note  4  of the unaudited consolidated financial statements for the
period  ended  September  30,  2002.

5.     LIQUIDITY  AND  SOLVENCY
       ------------------------

Please  see  Management Discussion and Analysis for the three month period ended
September  30,  2002.