RCON GROUP

An emerging EPC company that redefines the infrastructural intricacies…

Written by:- Mr Aditya Shinde (Executive Director)

Construction is recognised as one of the most significant advancements worldwide in many sectors, including infrastructure, industry, commerce, and residential development. Due to the rising need for infrastructure and the requirement for competent experts to design and construct projects, it is anticipated to expand by 20–25% year on average. By 2025, it is projected that the civil engineering sector would be worth $12 trillion.

EPC Company - Understanding Their Work and Responsibilities

Aditya Shinde Executive Director

A business that specializes in engineering, procurement, and construction, or EPC, is a one-stop shop for all efficient project designing, execution, management, and setup, as well as structured arrangement of control measures. The two major operational objectives of an EPC business are to maximize production output while minimizing defects, communication breakdowns, lags & delays in project timeline and quality. In the enormous construction sector, EPC is a common approach to managing contracting projects. EPC firms complete this activity either entirely on their own or by outsourcing a portion of it to an outside contracting company. In exchange for a set price, EPC players may potentially subject the contract to budget and scheduling risk.

EPC contracts are often ones where EPC providers are required to oversee nearly all of the contractual work’s processes. Both parties to the contract face significant risks if there is a price difference at any stage of the project, although EPC businesses are more likely to suffer losses. Any EPC contract is a very difficult procedure since there are so many different stakeholders involved, including consultants, M&E professionals, designers, and sub-companies. Some EPC contracts are international in character, making them exposed to many price alterations as a result of the unstable global economy. An effective EPC business should have the necessary expertise to manage pricing adjustments that may occur at any point during the execution of the contract work and to take into account changes in labour and material costs as a result of a corresponding change in the project site.

What is an EPC Contract? Here’s What You Need to Know…

As part of the EPC contracting agreement, the EPC company undertakes three important components of a project: Engineering & Design - where it carries out the detailed engineering design of the complete facility. Procurement - where the EPC firm procures all the necessary materials and equipment to execute the design. Construct - where the company builds the facility and delivers the facility in a ready-to-commission state to the project owner or sponsors.

The EPC phase of a project, which occurs after the feasibility study and FEED (Front End Engineering Design) research phase, is frequently referred to as the execution phase. The fundamental engineering design study, which examines the many phases and elements of a project, is included in a FEED study. When the project owner seeks bids from EPC companies during the tender and bidding stage, a FEED study report is required.

Question & Answer:

What is an EPC company?

Engineering, Procurement, and Construction is referred to as EPC. Large complex buildings are designed and built by a construction business or group of construction companies, particularly in the infrastructure, oil and gas, food, pharma, automobile and energy industries.

What does EPC mean in contracting?

EPC (Engineering, Procurement, Construction) A whole range of services, including design, procurement, and construction, are included in an EPC contract. A turnkey solution is offered by the contracting company.

What is a turnkey contract in construction?

In a turnkey contract, the principal contractor or construction company is entirely in charge of all project-related tasks and delivers the finished product to the owner in a fully functional form.

What is the difference between turnkey and EPC contracting?

Turnkey contracting is an EPC contracting that always includes the complete scope of project work, right from design to construction and, often, commissioning of the facility.

On the contrary, EPC contracting may or may not include the complete project scope. It may either provide the complete service package, including designing or may undertake only the construction part.

How do EPC companies work?

EPC companies work either as part of a project, such as construction or act as project managers on behalf of the owner. However, most EPC companies work on projects right from their conception to the completion stage.

RCON Group & EPC

RCON Group, are into the construction field since the last +20 years and have been executing projects for MNC & Indian giants like Ferring Pharma, SWITZ, Godrej & Boyce, Inox Air Products, Infiiloom, Air Liquide, Mahindra, Times of India, TATA Motors, TCI, CEAT, Pierburg Group, Schott Kaisha, Prince Pipes and many more.

“RCON”, formerly known as Aditya Construction, has been entrusted in operation of this industry for more than 20 years – with an extensive expertise in constructing industrial units across the nation. Our workforce is highly skilled and experienced, and we have excellent infrastructure with fully functional contemporary equipment.

RCON-EPC, (Engineering Procurement and Construction) is a business division of RCON and is managed by a group of highly trained EPC professionals with multidisciplinary skills and varied spectrum of experiences.

Our EPC solutions are produced by an in-house engineering team with the ability to provide world-class engineering solutions. Construction management, erection, and commissioning of different dimensions of huge equipment are efficiently handled by our highly trained project management team, which has already witnessed and delivered several successful projects.

The research-based market knowledge of our SCM team ensures the best of materials at unmatched prices to make all projects a success. RCON-EPC aims to deliver cost-effective and project-specific EPC solutions, ensuring high standards of quality every time.

By delivering high-quality work on time, within budget, and in accordance with the project’s specifications - we confidently assert that RCON Group is primarily devoted to offering the finest engineering techniques in the following areas:

RCC Buildings

Industrial Sheds

PEB Works

MEP Works

Earth Works & Retaining Walls

Trenches & Heavy Machine Foundations, Tanks (UG/OH) etc.

RCON-EPC as an organization is proud of maintaining a culture where every employee in the organization, no matter in what function or level, has a responsibility towards our clients. Our robust processes have quality certification from ISO, through globally accepted standards such as ISO 9001:2015, ISO 14001: 2015 and ISO 45001:2018.

Our goal is to produce a high-quality product that complies with the requested specifications, on schedule, and in compliance with the applicable safety and quality regulations that apply to the construction sector.

The term “5G” is quickly becoming one of the hottest buzzwords in the world and it is no surprise. With 5G, it can be possible to make a phone call from across the country or even overseas using a line of sight to connect with another mobile device. The future looks bright and exciting for people looking forward to being part of these new technologies coming our way. This blog post will cover possible benefits of 5G networks, such as increased speed, cost-saving opportunities, and even more job opportunities for individuals globally. What makes 5G networks unique? They are following serval reasons that makes 5G networks unique:

• Speed

In a 5G network, Internet speeds can exceed 1GBps. That is about 100 times faster than the 4G LTE network. With this speed, you’ll be able to download a 1GB movie within seconds and upload it in the same amount of time.

• Latency

Latency is the time it takes for your data to be sent from your device to the nearest base station and then be received. Of all the network traffic, only a certain percentage gets through and will reach its destination. In a 5G network, latency will become extremely low as the number of nodes on an access network grows dramatically.

• Capacity

Of the 4G LTE networks, only 60% of the 4G LTE’s capacity is being used. The rest is basically “idle.” In a 5G network, more devices will start to connect simultaneously, and more devices will be used at any given time. Thus, you will be able to use your devices much more efficiently.

• Resilience

With a massive number of connected devices, data must be stored on servers to be accessible anywhere and anytime. The latency issue you might have been thinking about has become a non-issue because, with 5G networks, latency will automatically get fixed between connection attempts.

5g Networks And More New Business Opportunities

5G networks are not just a tiny bump on the road to 10G but rather an opportunity to revolutionize the world by creating new business opportunities. With 5G and these new technologies, it is predicted that there will be a significant increase in value for companies globally.

Healthcare Industry

The healthcare industry is one of the most promising industries for 5G because many new devices will be able to connect to 5G mobile networks. This means that doctors can support their patients outside of a medical facility through remote access. Individuals can even communicate with doctors if they aren’t feeling well and schedule an appointment.

Robotic surgeons can perform remote surgeries using control machinery from anywhere in the world, thanks to the low latency of 5G networks. According to recent studies, the UK’s digital health market is expected to grow at a 29.6% compound annual growth rate (CAGR), with 5G playing a pivotal role.

Manufacturing Industry

Manufacturing is one of the countries with significant growth in Africa today, and manufacturing is predicted to grow even more. Manufacturing is one industry where linear technology has not been used to its fullest potential.

Linear systems are much cheaper to build but are also less efficient, slow, and prone to issues such as low latency. 5G solves this problem by combining multiple, smaller nodes to provide a faster connection.

Using 5G networks in manufacturing will be a gamechanger for the industry for more efficient worker productivity, lower costs per actuation, shorter tooling lead times, and higher quality products.

Automotive Industry

The automotive industry is one of the fastest-growing new industries that you can find today. The primary reason is its massive potential for the future.

With 5G, we can expect even bigger things to happen in this industry, making it even more appealing for potential investors and companies. Many cars today require both conventional and Internet connectivity, but 5G will be able to complement both types of connectivity, such as LAN, WAN, and WiFi.

Using 5G networks in this industry will allow engineers to lower costs and lead time by creating an environment where they could benefit from improved power management, time synchronization, line-of-sight communication, and low latency data transfer.

Retail Industry

The retail industry will benefit from 5G in many ways, and it is predicted that it will start to take off once 5G networks are introduced. Customers can shop from home and purchase products directly from their mobile devices.

Retailers will also benefit from 5G because of the massive penetration of smart devices around the world and an increase in shopping apps that will be launched in the future. The retail sector is expected to have a compound CAGR of 4.9% over a 2014-19 period, thanks to 5G.

Entertainment Industry

From sound on stage to HD productions, the entertainment industry is experiencing rapid growth, attributed to video streaming, virtual reality, and other related industries.

The entertainment industry can only improve with 5G as the networks are expected to give even more reliability and stability (which will translate into a smoother experience) while allowing for more remote connections, faster responses, and much higher throughputs.

Conclusion

In conclusion, we can say that the 5G network is the building block for the future of the technology world. As more and more people adopt these new technologies, it will make it easier for them to achieve their goals. The 5G network will provide unique opportunities to the healthcare industry by allowing doctors to reach out and communicate with their client base. The manufacturing industry will also benefit from using this technology. All of these benefits from using 5G networks also create new markets for potential investors, with a hopefully lower risk profile.