Fastest Growing EPC Companies in India

Present Perspec?ves Top Trends Transforming the EPC Industry in India Techno-Trans EPC Companies and the Digital Transforma?on of Construc?on www.ciolookindia.com October, 2023

TODAY’S TRAILBLAZERS REVOLUTIONIZING TOMORROW T he infrastructure landscape of India is undergoing a remarkable transformation, with a surge in development projects across sectors like energy, transportation, and telecommunications. Behind these ambitious projects are the fastest growing EPC (Engineer- ing, Procurement, and Construction) companies, which have become the driving force in translating India’s developmental vision into reality. These EPC giants are not only meeting the rising demands of the nation but also setting new benchmarks in terms of efficiency, innovation, and sustainability. The fastest growing EPC companies in India are well- acquainted with the transformative power of technology. They harness the potential of cutting-edge software, automation, artificial intelligence, and data analytics to optimize project management, improve safety, and enhance efficiency. This embrace of technology is a means to maintain a competitive edge and a commitment to delivering projects with unmatched precision. India’s fastest growing EPC companies are the flag-bearers of innovation, sustainability, and excellence in the infrastructure sector. They not only respond to the nation’s development needs but actively shape and redefine the infrastructure landscape of India. As the country’s ambitions continue to grow, these companies stand poised to rise to the occasion, fostering a brighter, more connected, and sustainable future. In recent years, India’s rapid economic growth has pro- pelled a surge in infrastructure development. Whether it’s the construction of new highways, the expansion of renewable energy projects, or the modernization of industrial facilities, EPC companies play a pivotal role in shaping the country’s future. These companies are revolutionizing the infrastructure ecosystem with their diverse portfolio of projects, spanning residential, commercial, industrial, and public sectors. In this CIOLook India’s exclusive edition, we will explore the stories, accomplishments, and future aspirations of the ‘Fastest Growing EPC Companies in India. We will delve into their pioneering projects, innovation-driven strategies, and impact on shaping the nation’s infrastructure while continually pushing the boundaries of excellence in engineering, procurement, and construction. India’s fastest growing EPC companies are characterized by their unwavering commitment to excellence in engineering, procurement, and construction. They adhere to stringent quality standards, timelines, and budgets while continually pushing the boundaries of innovation. As a result, they are at the forefront of pioneering sustainable and eco-friendly solutions that meet the present needs and safeguard the future. Gaurav PR Wankhade Managing Editor Editor's Note

Profiles Articles Present Perspec?ves Top Trends Transforming the EPC Industry in India 14 Bondada Engineering Limited Scaling Your Business Success with the Highest Degree of Project Execu?on Excellence 08 Techno-Trans EPC Companies and the Digital Transforma?on of Construc?on Content Blueladder EPC Solu?ons Private Limited Central India’s Fastest EPC & PEB Solu?on Providers 18 22 IMECO Overseas Private Limited India’s Crown Jewel on the Global EPC Horizon 26

I N D I A Pooja M. Bansal Editor-in-Chief CONTENT FOLLOW US ON www.twitter.com/ciolookindia www.facebook.com/ciolookindia/ Managing Editor: Gaurav PR Wankhade Assisting Editor : Prajakta Zurale Organization Featuring Brief WE ARE ALSO AVAILABLE ON Pawan Kewalramani, and Sagar Kewalramani, Co-founders Blueladder is a leading consultant and manufacturer of prefabricated structures and buildings. Blueladder EPC Solutions Private Limited DESIGN Visualizer: Sandeep Tikode CONTACT US ON Bondada Engineering Limited (BEL) B Raghavendra Rao, Founder and CMD BEL is a diverse player in the infrastructure sector that focuses on project execution excellence. Email sales@ciolookindia.com For Subscription www.ciolookindia.com Moumita Pal, Executive Assistant to Managing Director SALES BTL EPC Ltd. is the fastest growing diversified EPC contracting company in the country, offering one-stop solutions. BTL EPC Ltd Sr. Vice President : Swapnali Vasaikar Copyright © 2023 CIOLOOK India, All rights reserved. The content and images used in this magazine should not be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission from CIOLOOK India. Reprint rights remain solely with CIOLOOK India. Liladhar Agarwal and Mr Harsh Vardhan Agarwal, Leaders IMECO Overseas Private Limited is one of the largest engineering organizations specialized in the highly competitive Industrial Engineering segment in India. IMECO Overseas Private Limited BDE : Meera Patel TECHNICAL Dhiraj Purushottam Bhagchandka, Founder and Managing Director KSL Cleantech Limited is one of the largest and most experienced clean technology, solar project development, EPC and electric vehicle manufacturing organizations in India. Technical Head : Prachi Mokashi Technical Specialist: Rajeshwari Avhad Technical Consultant : Tanaji Fartade KSL Cleantech Limited sales@ciolookindia.com SME-SMO October, 2023 Research Analyst : Renuka Kulkarni Cover Price: Rs.300/-

B Raghavendra Rao Founder and CMD Bondada Engineering Limited (BEL) Scaling Your Business Success with the Highest Degree of Project Execution Excellence O larly, the domain of engineering is an evolutionary realm of scientific methods. In it, mathematics is combined with natural sciences to solve contemporary issues and problems. Bondada Engineering Limited (BEL) is partnering with its clients to ensure their business success by accomplishing the highest degree of excellence by imbibing this philosophy into its DNA. ur brain engineers the virtual reality of the mind leveraging its hundred billion neurons to solve human problems of survival and progeny. Simi- In a decade since its inception in 2012, Bondada Group has been delivering EPC solutions and O&M support to industry giants, including TATA, Reliance Jio, Airtel, BSNL, Idea, Vodafone, L&T Construction, Samsung, ITI Limited, Adani, Bharati Infratel Limited, Wipro, Nokia, Ericsson, Indus Towers, and many more. B Raghavendra Rao shares, “Our consistent financial performance stimulated steady 48% CAGR in revenue generation, taking us from ₹7 Crore in 2012 to ₹371 Crore in FY22-23 on a consolidated basis.” Bondada Engineering Limited maintains exceptionally high standards of quality, safety, and environmental protection and is committed to delivering projects within budget and on schedule. According to the company’s Founder and CMD, Bondada Raghavendra Rao, BEL is a diverse infrastructure player focusing on project execution excellence. Bondada Engineering Limited maintains exceptionally high standards of quality, safety, and environmental protection and is committed to delivering projects within budget and on schedule. Fostering a Phenomenal Growth That is phenomenal growth for a decade-old engineering firm. “It is a result of our sheer dedication and efforts made by our highly-qualified team of professionals backed by robust multi-faceted competencies. A culture of excellence drives us and continues to ingrain better values in us for growth,” he says, adding that Bondada Group has carved a niche for itself where it is making the best out of the fastest- growing markets in India, such as 4G and 5G telecom, renewable energy and green construction products. Sharing its uniquely curated service portfolio that makes Brand Bondada Group a premium-level engineering firm, B R Rao says, “We provide engineering solutions in excellence across three verticals.” Improving to the Point of Perfection A team of qualified professionals’ forms BEL to serve the infrastructure sector by providing end-to-end solutions. The company is headquartered in Hyderabad and has made its presence felt across India. BEL’s specialization ranges from core services to operations and maintenance services in the infrastructure space. *Telecom 4G and 5G Networks: BEL’s strength stems from its knowledge-based approach, highly experienced team, and strong multi-disciplinary capabilities. BEL fosters a culture of excellence and challenges environmental practices. BEL designs and delivers infrastructural solutions for customers by leveraging its domain and business expertise. • Design & Engineering; • Tower/Fibre activities; • Telecom implementation; • O&M and Facility Management Services; • Tower/Pole Supply. (8) (9) October | 2023 October | 2023 www.ciolookindia.com www.ciolookindia.com

Fastest Growing EPC Companies in India *Renewable Energy: environmental safety in the overall process. The Mighty Leadership of BRR B Raghavendra Rao has received a “Philanthropist Award” from the District Collector of Krishna District, Andhra Pradesh, for his services to the society in and around Krishna District, Andhra Pradesh. Received ET Excellence Award from Hon’ble Home Minister of Telangana State, Shri Mohammed Mahmood Ali (Excellence in Telecom Infrastructure Services Provider of the Year, 2021). Received National Business Award from Hon’ble Governor of Andhra Pradesh, Shri Biswabhusan Harichandan (Best Company of the Year-2022 Award). Received many appreciations from customers for on- time delivery with quality standards. Ÿ • Solar EPC; • Wind EPC; • Transmission and Distribution EPC Products; and • Transmission substation structures. B R Rao has made his venture a resounding success today. He established this EPC brainchild at Hyderabad that now has a PAN India presence. Across BEL’s targeted verticals, he has been effortlessly sailing his ventures for the past three golden years for Bondada Group. Ÿ *Building Construction Sectorthrough subsidiary Ÿ SmartBrix Infra Technologies Pvt Ltd: Today, BEL is driven by a headcount of over 1050+ that are the key contributors to its growth. Before starting his business journey, B R Rao had a high-heeled job as a COO and Executive Director of Aster Pvt Ltd. He is best renowned for his perseverance, target achievement and ability to get the best from the team. An accomplished and seasoned leader with over two decades of experience across various sectors, such as projects in Telecom, Power, Renewable Energy, Pre Engineered Buildings and Industrial infrastructure, he is known for his accumulated industry know-how and business acumen. People often refer to him as BRR across the Business fraternity. A few worthy mentions advocating his exclusivity are as follows- • SmartBrix (Autoclaved Aerated Concrete or AAC blocks); • SmartFix – Jointing mortar; • SmartPlast – Ready Plaster; and • SmartPearl – Wall Putty. Ÿ Benchmarking Excellence “We also provide SmartWindoors (uPVC doors and windows) and uPVC Profile through Bondada Abodes Pvt Ltd,” adds B R Rao. Today, under BRR’s exemplary leadership, BEL excels as one of the fastest-growing EPC companies in India. It is known for its magnificent infrastructure. It comprises a tower fabrication and galvanizing plant along with two green construction plants (viz. AAC blocks manufacturing plant and uPVC windows and doors manufacturing plant). Driven by its inspiring vision of providing products and services of international standards across the infrastructure space, BEL has consistently gotten an ICRA rating of BBB Stable in the last three years with categorization as a consistent and low-risk profile for their credit limits with banks. “In the future, too, we will keep escalating our track records of ROI, achievements, awards, accolades, and benchmarking excellence,” states BRR. BEL’s Core Values He further informs that Fairness, Integrity, Reliability, Sensibility, and Teamwork are the core values that drive the culture at the company. “For us, a satisfied customer base, as well as stakeholders, is the core priority where these values help us the most,” he adds. These values are fuelled by BEL’s constant assimilation of the latest technology to execute projects cost-effectively and adhere to milestones without compromising on quality and BBR’s reputation in the industry is fuelled by his task orientation and on-time project completion while completely fulfilling management requirements. He has robust expertise in Project Management and EPC contracts concerning domestic and international markets. Owner of years of experience in Leadership Develop- ment, Human Potential Develop- ment, Performance Management, Communication and Administration. Ÿ He is witness to supervising a team of 7000+ employees in his career. He is specialized in managing sizable teams in the implementation of projects. Ÿ Owns excellent financial acumen. Established foolproof internal controls within the system. Ÿ He was the man who played a key role in formulating many policies & procedures, devising organizational development plans. Ÿ B Raghavendra Rao has received a “Gold Medal Award” from Hon’ble Governor of Andhra Pradesh, Shri Biswabhusan Harichandan, for his services to the society in and around Krishna District, Andhra Pradesh. Ÿ Ÿ Ÿ Also adding to this success is BEL’s latest achievement. Access to the Internet has evolved in rural areas of the country thanks to the growing number of smartphones, UPI [Unified Payments Interface], and government schemes like the Pradhan Mantri Gramin Digital Saksharta Abhiyan. BRR informs, “We are thrilled to share the exciting development that has occurred as part of our BSNL 4G saturation project. We have an order for 1238 Site loca- tions with a total value of ₹1156 crore. The foundation has been laid at the pan-India level, the necessary partners have been appointed, and the groundwork has begun.” Here are some testimonials that testify to BEL’s enormous trustworthiness acquired across the industry. *“I am impressed to see the work completion of our beloved business partner, M/s Bondada Engineering with high quality standards and within timelines. We are committed to (10) (11) October | 2023 October | 2023 www.ciolookindia.com www.ciolookindia.com

*“Congratulations to you on the successful completion of the Sarangada substation (Orissa) well within time. We wish you all the best.” – D Murali, SEPCO (GMR) Executive Director. SUBSCRIBE TODAY *“Dear Rao Garu, no doubt, there is no second thought with regard to your performance. Indeed, you have greatly supported the project from day one. We personally take up with our management regarding your achievement. Wish you all the best in all your efforts.” – Appaji Rao, P&C South Head, Reliance. BEL’s CSR Initiatives Being the believer and emphasizer of the Corporate Philosophy that even more boosts the spirit of corporate social responsibility, “Businesses cannot be successful when the society around them fails,” says encouraged BR Rao. He contributes to and promotes numerous welfare programs and extends help to the poor and needy, endorsing rural infrastructure development activities, sponsoring rural education infrastructure, stimulating rural public health, donating to charitable organizations and striving hard for the uplifting and enlistment of the economically stepped back students, families and their medical requirements. For more information, you can click www.bondada.net or email at Info@bondada.net or connect @ +917207034662 or visit the offices at: *Regd. Office: Plot No-37, Ashok Manoj Nagar, Surya P.P.R Towers, 3rd Floor, Kapra, Hyderabad, Telangana- 500062, India. *Corporate Office: Plot No.11&15, Ganesh Nagar, Kapra, Hyderabad, Telangana-500062, India. allot all our solar MW works to BEPL.” - Faruk G Patel, Chairman & Managing Director, KPI Global Infrastructure Limited. Stay in the known. Subscribe to CIOLOOKINDIA CIOLOOKINDIA Magazine www.ciolookindia.com *“M/s Bondada Engineering Private Limited, O&M Division, have been doing the O&M Services for passive infra elements (DG, Power Plants, Rectifier Modules, Air Conditioners and shelters) repair and rectification / maintenance activities in J&K, Himachal Pradesh, Haryana, Rajasthan, UP West, Uttaranchal, UP East, Bihar and Jharkhand, West Bengal, Andaman, Orissa, Assam and North East States since October 2013 till date with quality and the same can be rated as very good.” - Ramesh Chandra Dimri, Head Service Delivery Manager, Ericsson India Private Limited. Get in print and digital on (12) October | 2023 www.ciolookindia.com

Present Perspec?ves Top Trends Transforming the EPC INDUSTRY in India T such as technological advancements, evolving market dynamics, and changing consumer expectations. EPC companies, which play a pivotal role in shaping the nation’s infrastructure, are embracing these trends to stay competitive and deliver projects more efficiently. Modular and Prefabricated Construction he Engineering, Procurement, and Construction (EPC) industry in India is experiencing a profound transformation, driven by a combination of factors Modular and prefabricated construction methods are gaining traction in the EPC industry. These techniques offer cost savings, faster project delivery, and improved quality control. With the ability to build components in controlled factory environments, EPC companies are reducing on-site construction time and minimizing waste. Infrastructure for Renewable Energy Digitalization and BIM (Building Information Modeling) India’s push for renewable energy is creating a surge in EPC projects related to solar, wind, and hydropower. EPC companies are leveraging their expertise to design, procure, and construct renewable energy facilities. The transition to clean energy sources is not only a response to environmental concerns but also a strategic move to meet the country’s growing energy demands. Digitalization has become the cornerstone of modern EPC practices. The implementation of Building Information Modeling (BIM) is enabling EPC firms to create accurate 3D models of projects, which enhances collaboration, reduces errors, and improves project management. BIM also allows for real-time tracking of project progress and provides a platform for efficient data sharing among stakeholders. Smart Infrastructure and IoT Integration The development of smart cities and the Internet of Things (IoT) is leading to the integration of technology into infrastructure projects. EPC companies are involved in creating smart solutions for urban development, such as intelligent transportation systems, waste management, and smart grid systems. Sustainability and Green Initiatives Sustainability has transitioned from being a buzzword to a core consideration in EPC projects. With environmental concerns growing globally, EPC companies are increasingly incorporating sustainable practices into their projects. This includes the use of eco-friendly construction materials, energy-efficient designs, and a focus on reducing the carbon footprint of infrastructure. Public-Private Partnerships (PPP) The Indian government is encouraging Public-Private Partnerships as a means to expedite infrastructure (14) (15) October | 2023 October | 2023 www.ciolookindia.com www.ciolookindia.com

development. EPC firms are actively participating in PPP projects, collaborating with government bodies to fund and construct infrastructure. This model not only accelerates project execution but also distributes the financial burden. The digitalization wave, with Building Information Modeling (BIM) at its forefront, has revolutionized project planning, design, and execution. Sustainability and green initiatives are no longer optional but integral to EPC projects. Modular and prefabricated construction methods are accelerating project timelines and improving quality control. India’s commitment to renewable energy has opened up new avenues for EPC companies. The integration of smart infrastructure and IoT solutions is making cities more efficient and livable. Public-Private Partnerships are expediting infrastructure development by bringing government and private enterprises together. The focus on skill development and talent acquisition is crucial for the EPC industry’s ability to adapt to these emerging trends. Adhering to rigorous regulatory compliance and quality standards is a testament to the EPC industry’s commitment to safety and excellence. Safety and risk management are top priorities for EPC companies, and advanced technology is being harnessed to protect the workforce and ensure accident-free project execution. The global expansion of Indian EPC firms is a sign of their growing expertise and competitiveness. Skill Development and Talent Acquisition To adapt to the evolving industry, EPC companies are investing in skill development and talent acquisition. They are seeking professionals with expertise in emerging technologies, sustainability, and project management. Many firms are also focusing on nurturing in-house talent and providing training programs to keep their workforce updated. Regulatory Compliance and Quality Standards The EPC industry is highly regulated to ensure safety and quality in infrastructure projects. EPC companies are diligently complying with these regulations and quality standards to meet the expectations of stakeholders and the public. This includes adhering to international construction codes and standards. Safety and Risk Management As India’s EPC sector continues to evolve, it is poised to play an even more significant role in shaping the nation’s future. These trends are propelling the industry into a dynamic era, and EPC companies that embrace them will not only stay relevant but will be instrumental in realizing India’s infrastructure and economic aspirations. The transformation is not merely about construction but about building a sustainable, technologically advanced, and vibrant future for the nation. Safety is a paramount concern in the EPC industry. Firms are increasingly adopting advanced safety measures and risk management strategies to protect their workforce and minimize accidents. Technology, such as drones and sensors, is being used for safety inspections and risk assessments. Global Expansion Indian EPC companies are not confining their operations to the domestic market. Many are expanding their reach globally, taking on international projects and collaborating with foreign entities. This expansion is broadening their expertise and bringing Indian EPC onto the global stage. The Road Ahead The Engineering, Procurement, and Construction (EPC) industry in India is undergoing a remarkable transformation, driven by technological innovation, sustainability imperatives, and a commitment to delivering high-quality infrastructure. The top trends shaping the EPC landscape are not only influencing how projects are designed and executed but are also redefining the industry’s role in India’s growth story. (16) October | 2023 www.ciolookindia.com

BLUELADDER EPC SOLUTIONS Central India's Fastest EPC & PEB Solution Providers T sector. Starting as a niche, EPC has evolved into an industry in its own right. he most significant transformation in India's infrastructural space has been brought about by the Engineering, Procurement, and Construction (EPC) expertise lies in designing, fabricating, and installing PEB structures for various industries and applications.” Apart from PEB, Blueladder excels in offering EPC turnkey solutions and technical advisory services. Pawan emphasizes that they are one of the leading dedicated PEB and roofing product manufacturers. Their pre-engineered buildings are ideally suited for industrial structures, including warehouses, factory sheds, commercial buildings, airport terminal buildings, airport hangars, metro stations, poultry farms, multi-story buildings, parking sheds, and a wide range of other building solutions. Following the conventional architectural industry, Pre-engineered Steel Building (PEB) solutions stand as the second-largest industry, playing a crucial role in reshaping India's past, present, and future industrial landscape. Today, numerous industry players cater to the growing demands of the EPC and PEB sectors, serving both private and public companies. Emerging swiftly as a trusted leader among them, leaving a distinctive mark, is Blueladder EPC Solutions Private Limited. With a team boasting over three decades of experience in providing solutions for metal building systems, Pawan reveals their vision to establish a state-of-the-art manufacturing facility in Nagpur, Maharashtra, to become a premier manufacturer of top-quality PEBs and Turnkey solutions. Established in 2017 in Nagpur by Ghanshyam Kewalramani and CA. Sagar Bharani, they specialize in PEB solutions and manufacturing. Equipped with an efficient in-house engineering and project management team, Blueladder EPC Solutions is fully capable of turning clients' visions into reality. Since its inception, the company has successfully completed various industry-specific projects with leading firms across India. Providing further insight into the company, Co-founder Pawan Kewalramani mentions their dedication to serving the PEB sector across Pan India. Co-founder Sagar Kewalramani adds, "We began as mainstream PEB manufacturers and subsequently evolved into EPC Turnkey Solutions providers. From project conceptualization (PEB) to feasibility study, design, production, erection, and automation, today, we cover it all.” Constructing Perfections Sharing their philosophy, Sagar states, "Our vision reflects our aspirations. At Blueladder EPC Solutions, we founded the company to provide fast, easy, and unique pre- engineered steel structures. We aim to implement manufacturing strategies to meet personalized requirements in the infrastructural development domain.” Pawan Kewalramani, Sagar Kewalramani, Co-founders Engineering Innovations Blueladder's headquarters are in Nagpur, with nine+ regional operational offices. Pawan proudly states, "We have successfully completed over 600 PEB projects. Our Pawan adds, "We envision becoming India's leading modern PEB company by replacing conventional structures. (18) (19) October | 2023 October | 2023 www.ciolookindia.com www.ciolookindia.com

Fastest Growing EPC Companies in India ‘‘ ofces, we are proud to have completed 600+ successful PEB projects in the last seven+ years. "Our team is developing an application through which clients, consultants, architects, or anyone involved in the project can access real-time project updates using their unique project code.” With Blueladder's HQ in Nagpur and nine+ regional operational Pawan adds, "This is an additional service from our end to clients, setting us apart from the competition.” Building Monumental Inspirations ‘‘ Acknowledging the challenges faced in the current industry scenario, Pawan mentions that they position themselves between local players and top brands, supplying quality products within stipulated timeframes. "Clients can rest assured while we take care of the rest.” Sagar highlights that the vastness and complexity of steel can be challenging for clients to understand fully. "At times, it's difficult to explain why competitors offer lower prices. We are committed to ensuring that our products and services are delivered on time and meet international standards. Our mission highlights our approach to achieving our vision.” By presenting facts, we can convince them. This industry thrives on relationships. Once you successfully complete a project, there's no turning back. Your work speaks for you.” When envisioning the future and scaling Blueladder's operations and offerings, Sagar reveals their plans to double their manufacturing capacity from 25,000 MT to 50,000 MT in the next four years with the addition of two new plants. Their core values underscore how they intend to realize their vision and mission, including: • Customer satisfaction and loyalty • Responsibility to society • Organizational and individual growth • Technical excellence • Employee dignity and self-respect • Innovation, Excellence, and Responsibility "In this business, word-of-mouth plays a crucial role. By maintaining good relationships, completing projects on time, and providing excellent after-sales service, we have gained a foothold in the market and distinguished ourselves.” Crafting Technovations As an experienced leader, Aman Bharani (Co-founder and Director) shares his insights into how adopting modern technologies like AI and ML impacts the EPC solution space and how Blueladder adapts to change. Aman emphasizes the importance of adopting modern technologies to stay updated and cost-efficient. Highlighting their inspiration, Pawan and Sagar note that as India's infrastructure is rapidly expanding, the Indian EPC market is booming, with India leading the PEB construction segment at 9.5% growth, surpassing China's 8.5%. These factors form Blueladder's significant Unique Selling Proposition (USP), positioning it as one of the fastest- growing EPC solution providers. Pawan explains, "The pre- engineered segment is vast. We focus on industries and warehouses, positioning themselves between local players and well-established brands. We deliver the same quality within the timeline, using the same machinery, production techniques, and technology at a lower cost.” Currently, 43% of the Indian construction industry is based on PEBs. Government initiatives, such as 'Make in India,' have further fueled the industry's growth, with numerous industries and manufacturing facilities emerging. They also stress that their customers greatly appreciate their professional qualities and values. "Our passion for the project makes clients believe that we are building their shed, and it's our responsibility to execute it flawlessly. Instilling Passion Elaborating on what sets Blueladder apart in a competitive landscape, Sagar emphasizes that they offer pre-engineered building and turnkey solutions for warehousing and various industries. Delivering work outcomes to agreed quality standards and timescales is what our clients admire the most.” (20) (21) October | 2023 October | 2023 www.ciolookindia.com www.ciolookindia.com

Techno-Trans EPC Companies and the DIGITAL Transformation of Construc?on D manual labour and brick-and-mortar operations, is experiencing a significant paradigm shift–one driven by the digital transformation of construction processes. Engineering, Procurement, and Construction (EPC) companies are at the forefront of this evolution, ushering in a new era of efficiency, precision, and innovation. igital transformation is a new-age imperative force that has changed everything in its wake. The construction industry, traditionally known for its Embracing Digitalization in EPC The adoption of digital technology in the EPC sector is not merely a choice but a necessity. The construction industry has often been criticized for its inefficiencies, cost overruns, and project delays. However, EPC companies are rewriting this narrative by harnessing the power of digitalization. Building Information Modeling (BIM): At the heart of the digital revolution in construction is Building Information Modeling (BIM). BIM is a collaborative and intelligent 3D model-based process that equips EPC firms with the ability to efficiently plan, design, construct, and manage buildings and infrastructure. It offers a holistic view of a project, enhancing coordination, reducing errors, and enabling better decision-making. EPC companies are increasingly adopting BIM, making it an industry standard. Virtual Reality (VR) and Augmented Reality (AR): EPC companies are utilizing VR and AR technologies for immersive project planning and design. VR allows stakeholders to virtually walk through a building or site, identifying issues and making critical decisions. AR complements on-site work by overlaying digital information onto the physical environment, facilitating real- time data access for field personnel. Project Management Software: Digital project management tools enable EPC companies to streamline operations. These platforms enhance collaboration, track project progress, manage resources, and ensure that projects are executed within stipulated timelines and budgets. IoT and Smart Construction: EPC companies are incorporating the Internet of Things (IoT) into their projects. Smart sensors, equipment, and devices gather data on construction site conditions, worker safety, and equipment performance. This real-time data empowers decision-makers to optimize processes and enhance safety. (22) (23) October | 2023 October | 2023 www.ciolookindia.com www.ciolookindia.com

Drones and Robotics: Unmanned Aerial Vehicles (UAVs) or drones are employed for site surveying, progress monitoring, and inspections. Robotics, on the other hand, are utilized in tasks like bricklaying, reducing labor costs and accelerating construction. EPC companies are the driving force behind the digital transformation of construction. They are reshaping the industry by adopting advanced technologies, improving efficiency, and fostering sustainability. Their pivotal role ensures that the construction sector remains at the forefront of innovation and adapts to the ever-evolving digital landscape. Artificial Intelligence (AI) and Machine Learning (ML): AI and ML are used to analyze vast amounts of data, enabling EPC companies to predict project outcomes, optimize resource allocation, and identify potential issues before they escalate. These technologies offer a data-driven approach to decision-making. Challenges and Future Prospects While EPC companies are making remarkable strides in digital transformation, several challenges exist. These include the initial investment required for technology implementation, the need for a skilled workforce capable of operating these tools, and data security concerns. Benefits of Digital Transformation The digital transformation of construction offers numerous advantages, and EPC companies are leveraging these benefits to enhance project outcomes: However, the future prospects for EPC companies in the digital age are promising. They will continue to drive innovation in the construction industry, harnessing the capabilities of digital technologies to create smarter, more sustainable, and efficient buildings and infrastructure. EPC firms will also play a pivotal role in shaping urban landscapes, ensuring they are equipped with intelligent infrastructure, from smart buildings to energy-efficient transportation systems. Improved Efficiency: Digital tools enable streamlined project management, reducing delays and bottlenecks. Processes are more efficient, allowing for faster project delivery. Enhanced Quality: Through BIM and data analytics, EPC firms can closely monitor the quality of construction, ensuring that projects adhere to the highest standards. The digital transformation of construction is not a mere trend but a revolution that has already begun. EPC companies are pivotal in this transformation, redefining construction practices, improving efficiency, and contributing to the development of smarter and more sustainable cities. As the digital era progresses, these companies will remain at the forefront of change, creating a world where construction is not just about bricks and mortar but about data, innovation, and limitless possibilities. Cost Savings: Digital technologies help in precise resource allocation, reducing waste and costs. Better risk management and real-time data also contribute to cost savings. Safety: IoT, AI, and robotics enhance safety on construction sites, minimizing accidents and ensuring worker well-being. Sustainability: EPC companies can adopt sustainable practices more effectively with digital tools, contributing to eco-friendly construction and green building designs. Vitally Pivotal Engineering, Procurement, and Construction (EPC) companies are playing a pivotal role in the digital transformation of the construction industry. As the world increasingly embraces digital technology, EPC firms are at the forefront of this revolution, reshaping the way construction projects are planned, executed, and managed. Their role in this transformation is multifaceted and of utmost importance. (24) October | 2023 www.ciolookindia.com

Fastest Growing EPC Companies in India M organizations have expanded the realms of possibilities, solving in their wake, pressing issues that have been troubling humanity for generations and putting our civilization on the fastest pedestal of progress. THE THREE PRONGED STRATEGY ore than anything, Engineering has tremendously enhanced the quality of Human life. Envisioning a holistic and sustainable future, engineering From an early foray into Industrial Components and Fabrica- tion, to staying abreast of the latest technologies, IMECO today has an all-pervasive technical bandwidth starting from Concept, Design, Engineering as well as Manufacturing, Supply, Erection, Commissioning & After Market Services across diverse Businesses such as Air Pollution Control Systems, Railway Track Laying, Customized Projects, etc. Shining like a crown jewel on the global engineering horizon, IMECO Overseas Private Limited is one of the largest engineering organizations specialized in the highly competitive Industrial Engineering segment in India with a stellar reputation for the quality of services provided to various sectors of industries, including Power, Steel, Cement, Paper, Fertilizer, Chemicals, Refineries, etc. The Company operates in 3 Main Verticals: • Industrial Air Pollution Control Systems on Turnkey Basis • Customized Conceptual Projects on Turnkey Basis addressing Customer Pain Point Areas • Railway Track Laying on Turnkey Basis IMECO Overseas Private Limited India’s Crown Jewel on the Global EPC Horizon IMECO Group has been in business for over four decades, since its inception in 1975 where they started from a small manufacturing factory and which now encompasses multiple sites throughout the world. Competing throughout the Globe, IMECO has created a name for itself by delivering excellence through best Engineering practices combined with sustainable Business models. 1) Industrial Air Pollution Cont Basis (APC) rol Systems o n Turnkey ET Top 10 Fastest Growing SMEs IMECO excels in Industrial Air Pollution Control (APC) by following an integrated approach towards design, engineering, manufacturing and support for the equipment in the most demanding environments. IMECO manufactures the highest ranked Electrostatic Precipitators (ESP) which are used to arrest Industrial Air Pollution causing to affect their Climate in a big way by reducing the Greenhouse effect of hazardous gases. Today, under the exemplary leadership of Mr. Liladhar Agarwal & Mr Harsh Vardhan Agarwal, IMECO has an unwavering commitment to protecting and improving their Environment and Industries. Senior Mr. Agarwal proudly mentions his company IMECO as his IMECO Family. IMECO provides a One-Stop Solution for Erection, Commissioning and Testing for optimal performance of the APC equipment. Harsh-Agarwal, CEO says, “We combine application knowledge with the latest developments in APC technology.” IMECO started off as a manufacturer of industrial equipments such as Heat Exchangers, Air Preheaters, Locomotive Spares, Air Pollution Control Components, Industrial Fans, Compressors, and Pneumatic Systems. In short, IMECO’s wide range of Electrostatic Precipitators and System Designs offer the best fit for all applications, optimizing emission compliance with: These products are designed and fabricated to meet the specific requirements of the clients and conform to the highest standards of quality and performance. • • Proven technology fine-tuned with global experience. Highly effective dust collectors with proven collection efficiencies of up to 99.99% with guaranteed outlet emissions as low as 5mg/Nm3 with minimal pressure loss. Robust design and construction ensuring reliability with State-of-the-Art integrated control system. Mr. LD Agarwal adds here that, “From being a reputed manufacturer of components, with the continuous encouragement and support of our customers, IMECO graduated into a Total Solution Provider for our customers. Over the last few years IMECO has emerged as a Single Window Solutions Company providing our customers with latest state-of-the-art technological solutions.” • (26) (27) October | 2023 October | 2023 www.ciolookindia.com www.ciolookindia.com

IMECO’s portfolio for Air Pollution Control Systems and Services includes : • Greenfield Projects for New Electrostatic Precipitators for best emission • Upgradation of old Electrostatic Precipitator Systems to achieve better emissions • Revamping and rebuilding of Electrostatic Precipitators • Condition Analysis of Electrostatic Precipitators for Performance Improvement • Manufacture and Supply of Internals, Externals, and Electrics and Instrumentations • Operation & Maintenance Contract (O&M)/Annual Maintenance Contract (AMC). IMECO Overseas is one of the largest engineering organiza?ons in India with a stellar reputa?on for the quality of services provided to various sectors of industries for over three decades. 3) Railway Track Laying on Turnkey Basis Infrastructure is a vital sector for any country's development and prosperity. It includes physical assets such as railways, roads, ports, airports, power, water, and telecom that enable the movement of goods, services, and people. Infrastructure also supports social welfare, environmental sustainability, and national security. India is one of the fastest-growing economies in the world. With primary focus on Railway Track Laying, IMECO also decided to be part of the Infrastructural Growth of the Country. deliver engineering excellence and superior support. Harsh Agarwal adds - “Our Air Pollution control technology includes a wide range of solutions to reduce particulate matter and gas emissions. We work in close cooperation with Customer representatives to understand and deliver tailored solutions designed for customer’s specific equipment and stay with the customer till they are completely satisfied.” IMECO specializes in this segment working on a broad spectrum of Engineering fields where the only focus is the solution to be achieved based on the customer’s pain areas. The process of identifying the need and devising multiple techno-commericially viable options is how IMECO comes out with a proper solution for their customers. The roadmap that is followed is : Ideation > Proof Of Concept > Engineering > Manufacture > Erection > Commissioning > Trouble Shooting > Final Testing and Operation 2) Customized Conceptual Projects on Turnkey Basis addressing Customer Pain Point Areas In today's industrial scenario, customers are looking for solutions that can address their specific pain points and needs. Be it an old process plant which requires performance improvement or a totally new concept for improvement involving techno-commercial foresight to be brought to life. They want to work with providers who can offer them customized conceptual projects on turnkey basis, delivering them ‘ready-to-use’ projects without requiring any further work from the customer’s end, Harsh Agarwal, CEO says, “Customer’s confidence on IMECO that we can deliver a solution to their pain points is what challenges us to try and achieve out-of-the-box solutions to critical problems. Till the project becomes successful, our team does not rest. Our best reward is when our Customer tells us that we have been able to eliminate their problems, which they had till date, not been able to solve!!” Trailblazing Tech IMECO is committed to understanding and anticipating customer needs by making technical experts available to (28) (29) October | 2023 October | 2023 www.ciolookindia.com www.ciolookindia.com

With the above focus in mind, IMECO started their journey into Railway Track Laying in the year 2019. Even through the Covid years, IMECO team with their sheer determination had continued and completed various projects. With their Customers’ confidence and encouragement by their side, there has been tremendous growth in this vertical 3. that we have affected your life today, though you may not know it. This is made possible by our commitment to a culture of continuous improvement, through which we drive operational excellence in processes, products and people. Continuous improvement in our product and service portfolio, along with success in value-creating initiatives for customers, allows us to serve global growth markets.” Triumphing Traits Mr LD Agarwal emphaticallyadds, “Our range of technology and high level of expertise allows customers to select the most ideal and optimized olutions for your plant:” S Highlighting IMECO’s mission, Harsh Agarwal says, they being a cutting-edge, technology driven, engineering Company, are providing solutions to meet the needs of 21st century customers. “We will operate as a progressive, high- performance organization based on three fundamental pillars: Future Roadmap On envisioning brand IMECO’s operations and offerings in the future, Harsh-Agarwal says that they are constantly improving their skills to fulfil projects. He proudly mentions that “We have achieved 125,000+ hours of experience in the industry and 3800+ clients.” • To guarantee high-quality service exceeding customers’ expectations and ensuring their loyalty. To provide the employee with career prospects and professional growth. To meet the highest standards of ethics in each and every activity. • • IMECO’s quality policy is based on the strong belief that “Even the Best can be Bettered.” Further adding to their vision, he aims to became a globally networked company seizing opportunities worldwide • Lowest competitive cost. • High reliability in the supply of quality products. • Open, proactive and adaptive culture. • Providing sustained earning growth. with : “IMECO Management policy states that Customers are the masters and Continual Quality Improvement is the most important goal, alongside the twin objectives of Technological Capability and Cost-Effectiveness. This is reflected in our quality policy and in our continued efforts to achieve higher levels of compliance on various quality standards. ” Sharing their professional values and qualities, Harsh Agarwal says that in the industry, their success relies on the collective efforts of a team of professionals, including engineers, project managers, procurement specialists, and construction experts. While individual contributions are valuable, the synergy and collaboration among team members drive Excellence in IMECO. IMECO team • Deliver products, services, and solutions right, the first time, every time. • Fulfil the requirements of customers. • Deploy innovative processes by leveraging emerging technologies. Harsh-Agarwal concludes, “At IMECO, we believe in growing with Quality. Also, ethical behaviour is intrinsic to our business and has been part of our legacy since inception, as envisioned by our founders who believed that a business must operate in a manner such that it respects the rights of all its stakeholders and creates overall Value for Society.” pledges to … Breaking Barriers The world of IMECO is one without boundaries – growing, changing, and challenging, a world that embraces different skills, continuous innovation, sustainable growth and a better quality of life. The CEO says, “We touch the lives of millions of people across the world every day with the ‘Air Quality Control Equipment & Systems’ that we produce. And it is highly likely (30) October | 2023 www.ciolookindia.com

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Fastest Growing EPC Companies in India

Fastest Growing EPC Companies in India

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