What is epc model?
Engineering Procurement Model:, Under this system the entire project is funded by the government. Engineering, Procurement and Construction (EPC) Model. Engineering, Procurement and Construction (EPC) Model: Under this model, the cost is completely borne by the government. The EPC contractor (EPCC) agrees to deliver EPC, which is an acronym that stands for engineering, procurement and construction. The engineering and construction contractor will carry out the detailed engineering design of the project, procure all the equipment and materials necessary, and. Write a short note on EPC (engineering, procurement and construction) model of investment and its merits over PPP model.