EPC FULL FORM

Full Form of EPC : The full form of EPC is Engineering, Procurement and Construction

What is the Full form of EPC?

No:1. The full form of EPC is Engineering, Procurement and Construction.
No:2. In the construction sector, EPC is a popular type of contract.
No:3. A contractor-client relationship is defined here.
No:4. It encompasses all the information about the construction project such as project design, material procurement and the labour & equipment needed for the completion.
No:5. It also involves the time limits for the construction process and the amount payable to the contractor.

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The engineering functions include

No:1. Basic engineering
No:2. Detailed engineering
No:3. Planning
No:4. Construction engineering

The procurement functions include

No:1. Logistics & transport
No:2. Receiving
No:3. Procurement
No:4. Invoicing
No:5. Purchasing

The construction functions include

No:1. Electrical installation
No:2. Mechanical erection
No:3. Civil engineering

The commissioning functions include

No:1. After-sales-service
No:2. Testing & commissioning
No:3. Modernization of plants

Few Important points about EPC

No:1. The contractor and client will address each stage in-depth to prevent the ambiguity and variance with the client’s requirement.
No:2. Whenever the contract is signed, the contractor must maintain the costs under budgets and finish the assignment within the timeline specified.
No:3. The arrangement under which an EPC contractor is responsible for completing the project within the specified budget and time is generally referred to as an Lump Sum Turn Key (LSTK) Contract.

Some Successful EPC Projects

No:1. Diavik Diamond Project
No:2. Mt. Milligan Copper-Gold Project
No:3. Solar Power Project: Solar plant built on the roof-top of a Hospital at Indore, MP.

List of Indian EPC companies

No:1. Larsen & Toubro Limited
No:2. Gammon India
No:3. Patel Engineering Ltd.
No:4. Era Infra Engineering
No:5. Nagarjuna Construction Company Ltd
No:6. IVRCL
No:7. Sadbhav Engineering Limited
No:8. Hindustan Construction Co. Ltd.
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