{"id":32299,"date":"2022-11-28T11:05:31","date_gmt":"2022-11-28T11:05:31","guid":{"rendered":"http:\/\/65.0.9.59\/?post_type=full-form&#038;p=32299"},"modified":"2023-01-24T07:34:50","modified_gmt":"2023-01-24T07:34:50","slug":"what-is-the-full-form-of-epc","status":"publish","type":"full-form","link":"https:\/\/leapscholar.com\/blog\/full-form\/what-is-the-full-form-of-epc\/","title":{"rendered":"What is the full form of EPC?"},"content":{"rendered":"\n<p>The full form of <strong>EPC<\/strong> is <strong>Engineering, Procurement and Construction<\/strong>. EPC contracts are a common type of agreement in the construction industry. Here, the term &#8220;contractor-client relationship&#8221; is used. It covers all aspects of the construction project, including project design, material sourcing, and the labour and tools required for completion. It also covers the construction process&#8217; time constraints and the contractor&#8217;s payment obligations.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Few Points about EPC<\/h2>\n\n\n\n<ul>\n<li>To avoid confusion and deviation from the client&#8217;s requirements, the contractor and client will thoroughly discuss each stage.<\/li>\n\n\n\n<li>When the contract is signed, the contractor is responsible for keeping expenses within agreed-upon ranges and completing the task by the deadline.<\/li>\n\n\n\n<li>An LSTK (Lump Sum Turn Key) Contract is the legal arrangement whereby an EPC contractor executes the project within the allotted spending limit and timeline.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">List of Indian EPC companies<\/h3>\n\n\n\n<ol>\n<li>Larsen &amp; Toubro Limited<\/li>\n\n\n\n<li>Gammon India<\/li>\n\n\n\n<li>Patel Engineering Ltd.<\/li>\n\n\n\n<li>Era Infra Engineering<\/li>\n\n\n\n<li>Nagarjuna Construction Company Ltd<\/li>\n\n\n\n<li>IVRCL<\/li>\n\n\n\n<li>Sadbhav Engineering Limited<\/li>\n\n\n\n<li>Hindustan Construction Co. Ltd.<\/li>\n<\/ol>\n","protected":false},"featured_media":0,"template":"","blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/leapscholar.com\/blog\/wp-json\/wp\/v2\/full-form\/32299"}],"collection":[{"href":"https:\/\/leapscholar.com\/blog\/wp-json\/wp\/v2\/full-form"}],"about":[{"href":"https:\/\/leapscholar.com\/blog\/wp-json\/wp\/v2\/types\/full-form"}],"wp:attachment":[{"href":"https:\/\/leapscholar.com\/blog\/wp-json\/wp\/v2\/media?parent=32299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}