EPC Full Form | What is the Full Form of EPC

EPC Full Form - Engineering, Procurement and Construction

  • EPC stands for Engineering, Procurement and Construction. It's a common form of contract in the construction industry.
  • The contract is formed between the contractor and client.
  • It covers all the details about the development project just like the design of the project, procurement of material and therefore the labor and equipment required for the project.
  • It also includes the project deadlines and therefore the amount to be paid to the contractor.
 Full Form of EPC

Full Form of EPC

  • The client and therefore the contractor should discuss each and every point in detail to avoid the confusion and mismatch from the need of the client.
  • Once the contract is formed it's the responsibility of the contractor to stay the expenses within budget and complete the project within the required timeframe.
  • The agreement in which it's the responsibility of EPC contractor to finish the project within the given time and budget is usually referred to as a Lump Sum Turn Key (LSTK) Contract.

Some Successful EPC Projects

  • Diavik Diamond Project
  • Mt. Milligan Copper-Gold Project
  • Solar Power Project: Solar plant built on the roof-top of a Hospital at Indore, MP.

Top EPC companies in India

  • Larsen & Toubro
  • Nagarjuna Construction Company
  • Punj Lloyd
  • Tata Projects
  • Hindustan Construction Company
  • Gammon India
  • JP Associates

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