While selecting an EPC company all aspects of EPC i.e. Engineering strength, Procurement efficiency and Construction credibility at site are to be assessed from a holistic point of view. A suitable EPC company should be selected based on the following:
Proven track records and experience of executing projects on time
Engineering and Design Innovation capability
Quality standards, practices and compliances to most updated certifications
Diversified execution experience in different locations with difficult terrains, landscapes and strict timelines
Environment, Health and Safety policy
Financial capabilities
Superior Plant performance parameters i.e. generation (MUs) & Performance ratio (PR %)