Steve Edwards - Chairman and CEO, Black & Veatch, shares his perspective on the Indian infrastructure market, his company´s offerings, and the shortcomings in the current EPC contract mechanism in the country.
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EPC contracts: a bird’s eye-view
India, being one of the major developing economies, has seen significant growth in the infrastructure sector in the last few years. Such infrastructure projects usually require expertise and specialised resources in specific arenas within the project, mooting for the parties to enter into Engineering Procurement and Construction (EPC) contracts.
Experienced Veteran
SN Subrahmanyan, 55, a veteran at Larsen & Toubro, has been appointed as the Deputy Managing Director and President of the conglomerate