What are Engineering Procurement and Construction (EPC) Projects?
As with design-and-build contracts, Engineering, Procurement and Construction (EPC) contracts have a single contract for the project’s design and construction. They are also known as “turnkey” contracts. Clients usually have less say in the design of a project when they sign an EPC contract. As a result, contractors take more risks when signing an EPC contract. For example, on a design and build project, the customer can make an outline design for which companies can make bids.
A client on an EPC project can ask for bids based on a performance specification and then have no say in the design, except for any ordered changes. Clients can make lump sum payments, cost-reimbursable payments, and many other types of payment arrangements. However, in most cases, the customer will want a fixed price, a lump-sum contract where the contractor takes charge of cost control. One point of responsibility and a set price for the customer make it a safe deal.
It means that one can run the contract with the least money and time. But, on the other hand, customers have a lot of risks when they make a deal with a company that doesn’t meet their needs. Otherwise, the quality and performance of the finished project could be at risk if the specification isn’t well thought out and written clearly.
There are a lot of projects where Engineering Procurement and Construction contracts can be used, like engineering and infrastructure projects, as well as industrial projects. The aesthetics of the design may not be as crucial to a client as the performance and costs of the contract.
Top Solar Panel Manufacturers in India
All of us know that India is one of the world’s most populous countries, and its renewable energy policy is no different. In addition to having the second-largest population globally, the country has an environment that requires a lot of electricity.
People in the ancient country have to deal with many problems, but they also need electricity, so the country has turned to renewable sources like solar and wind. Many solar energy companies in India work around the clock to solve the problem. In 2020, India had 35,739 megawatts of built-in solar power when it came to solar power. The United States has set a goal of 20 gigawatts for 2022, and they want to reach it.
The Indian government has set a goal of getting 114 GW of solar energy by 2022 to cut down its carbon footprint and make the world a better place. People worldwide are making a lot of solar panels made in India, and we’re going to learn a lot about five of them in this blog! The following is a list of the five top solar panel manufacturers in India that produce solar modules:
1. RenewSys Solar
Renewsys Solar is the world’s biggest manufacturer of solar PV modules. It makes solar PV panel and their main parts, like encapsulants, back sheets, and solar PV cells, all at the same time. As a result, they are on the list of top solar panel manufacturers in India. RenewSys Solar is based in Mumbai, Maharashtra, and has factories in Maharashtra, Bengaluru, Hyderabad, and other places.
RenewSys Solar is well-known for the high quality and efficiency of the products it makes, and people know this. The Patalganga, Maharashtra factory of RenewSys Solar is the company’s most recent one, and it will be up and running in 2021. It will be able to make 1.2 GW of solar PV modules.
2. Adani Solar
Adani Solar is one of the world’s largest vertically integrated solar PV manufacturing and engineering, procurement, and construction (EPC) companies. It makes solar PV panels and does engineering, procurement, and construction. Adani Solar is a big player in the Indian solar market, with its headquarters in Mumbai. In addition, it has its headquarters in Ahmedabad, Gujarat. The company also has manufacturing facilities in Mundra (Gujarat).
This company makes high-efficiency Multi, Mono PERC, and Bifacial modules that are more efficient, perform better and are more reliable than their predecessors in the market. They are also more durable than their predecessors and hence make a place in the top solar panel manufacturers in India.
3. Waaree Solar
When it comes to making solar panels in India, Waaree is a well-known company. It is also India’s biggest exporter to the United States. Because their products are so good, they are well-known worldwide. Waaree Energies is one of the most experienced EPC companies in the country. It has its headquarters in Mumbai, Maharashtra.
The company has factories in Surat and Umbergaon, both in Gujarat.With 32 years of experience, Waaree Solar is a top solar panel manufacturers in India that sells high-quality, cost-effective renewable energy solutions to people all over the world. Waaree Solar wants to improve the quality of human life as a result.
4. Vikram Solar
An Indian solar panel company called Vikram Solar is very well known. It’s also one of the largest solar project installers in the southern Indian area. They are known for their ability to make solar panels and how well their panels work. Vikram Solar’s headquarters are in Kolkata. The company’s factories are in Falta (West Bengal), and they also work in Chennai (Tamil Nadu).
Their products meet the highest quality, dependability, and performance standards and are built to last. Moreover, because they do their research and development, they can stay one step ahead of the game in the rapidly growing field of solar technology.
5. Jakson
Using the most recent technology, Jakson makes solar modules that produce 160 Wp to 600 Wp. They come in full-cell and half-cut cell forms. Jakson is the best company in India for making solar modules and has featured in the list of top solar panel manufacturers in India. It is because has a lot of research, testing, and quality control processes in place. Moreover, their solar modules are the most popular in India because of their high efficiency, best-in-class power output, and long life, among other things.
Jakson also makes and sells Module Mounting Structures, Solar Power Packs and Solar inverters. They also provide other cutting-edge solar goods and solutions. In addition, it is a world leader in making solar modules.
