siliconindia | | February 20214EPC Contract has emerged as the construction contract of choice in project financing especially those that involve major international development projects. So what is favouring the growth of the EPC Contract industry is not just the turnkey delivery method, but also a simplistic view of EPC Contracts and project finance documentation. What makes it even more acceptable is the fact that one can easily transfer all the design, engineering and construction risk from the project company to the EPC Contractor. In a layman's term, EPC contract is a form of building contract used for a large or otherwise complex project under which the builder will completed project on a turnkey basis. In fact there are three types of contract in the EPC industry ­ a guaranteed maximum price contract, a cost-plus contract and a unit price contract. EPC industry is also playing an eminent role in resolving many issues like a pro. Just like the connection problem between design and construction could be solved effectively, reducing the intermediate link between purchasing and construction. This will ease the owner's time to concentrate and pay attention to the important factors influencing the project. There are more benefits than these. And hence we bring to you `10 Most Promising EPC Contract Service Providers ­ 2021' in our current edition of siliconindia Magazine. Our team of expert panel along with our Editorial Board and industry veterans, construction magnates and investors together have shortlisted and finalized the names. We bring to you their story of excellence and how they are ensuring their client achieves pinnacle through their offerings. Read to know more about them.Do let us know what you think!Anamika SahuManaging Editoreditor@siliconindia.comEditorialThe Pillar to Success Vol 09 · Issue 7 - 02 · February 05, 2021 Publisher Alok Chaturvedi Managing Editor Anamika Sahu Editorial Team Aveek Pal Chaudhuri Avinash Roy Mandvi Singh Chitra Mishra VP - Sales & Marketing Virupakshi Pattar Advertising Managers Editorial queries editor@siliconindia.com To subscribe Visit https://www.siliconindia.com/subscribe/ or send email to subscription@siliconindia.com Cover price is Rs.150 per issue. Printed and Published By Alok Chaturvedi on behalf of SiliconMedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2021 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.advertise@siliconindia.comVisualisers Karthik K Sivasankar S Group Art DirectorAshok KumarNoidaAshu Sethi Garima Anand Circulation Manager Magendran PerumalAnupreethi Danila.D Chander Thyagaraj Felisha Rita Correspondents Sambit Satpathy Subhadarshani Mohanty
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