EPC Companies

There is a steady increase in the hiring of tech talents in the EPC (engineering, procurement and construction) sector amid constant technology upgradation by firms and the government's focus on accelerating infrastructure development, according to a report. Following positive sentiments around the 2023 Budget, the EPC sector is witnessing a rise in hiring of tech talents, both top-level management and freshers, according to CIEL HR Services report 'Employment Trends Today in EPC Sector in India - February 2023'. The report revealed that among the non-tech sectors, the EPC takes the lead (11 per cent) with regard to the most sought-after role of software development (2,367 jobs) compared to FMCG (3 per cent), Pharma (2 per cent) and Banking (10 per cent). The report is based on a survey of leading 52 EPC companies employing over 80,000 employees. The analysis included 21,865 jobs posted on job portals in January 2023. The report further revealed that with constant technology ...

Engineering major will participate in projects where supply and land risk is not there: CEO

The demerged undertaking, together with the existing EPC team of RIL, will create a focused EPC undertaking to cater to the needs of the group

Analysts at Emkay Global Financial Services believe improving inflow and lower raw-material cost will imply better earnings for KPTL in the coming times.

According to preliminary data released by the commerce ministry on Tuesday, merchandise exports declined to a five-month low of $35.2 billion in July

The company has bagged multiple orders worth Rs 1,092 crore across its businesses in India and overseas.

Asset monetisation in the roads sector will see an acceleration as EPC companies in this space pursue growth

Strong order books and healthy execution of projects will cushion revenue blow for Engineering, Procurement and Construction (EPC) companies in the highways sector, Crisil Ratings said on Wednesday.

Slower project awarding and delayed receipt of 'appointment date' (on which projects are kicked off) from the NHAI are the main contributors to this decline

Shapoorji Pallonji & Company holds a 66% stake in SWS while the rest is held by Khurshed Yazdi Daruvala

The road ministry's efforts to improve the financial health of road companies in the country have paid off. According to rating agency Crisil, credit profile of road engineering, procurement and construction (EPC) companies have shown a sharp turnaround.The Crisil report added these road EPC companies are set for 15% topline growth in current fiscal year."Driven by the Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority of India (NHAI), over 80% of the highway projects in the past three years have been bid out under the hybrid - or engineering, procurement, construction (EPC) - model. Not surprisingly, 50 road EPC companies rated in the investment-grade by CRISIL, have benefited from the trend and delivered 20% compounded annual growth in revenue in the past three years," the report said.According to the report, better working capital management and capital structure, sharp focus on execution and judicious bidding has led to a significantly improved ...