Shifts In EPC Contracts

Q1. Could you start by giving us a brief overview of your professional background, particularly focusing on your expertise in the industry?

I have 22 Years of industry experience in proposal and process estimation on various EPC projects, including power plants, Steel plants, infrastructure, and Petrochemical. I have delivered over $635M in project value and 1,000+ MW of installed capacity.

Executed strategic first breakthrough EPC orders in Southeast Asia, the Middle East, Africa, and Latin America.

Q2. In the current 2026 macro environment, what is the prevailing industry standard for 'Price Escalation Clauses' in multi-year EPC contracts?

For EPC contracts, price escalations are not accepted; they are usually on a lump-sum turnkey basis only. However, some PSUs can accept the escalation of steel & cement.

Q3. When estimating for large-scale steel or energy plants today, what is the observed 'Cost Premium' associated with de-risking supply chains away from single-source geographies, and is this premium typically being absorbed by the client or the EPC provider?

Premiums are around 5 to 10%, and the same shall be published in the large EPC company's annual turnover to shareholders.

Q4. With high interest rates, have you observed a material shift in 'Advance Payment' norms…