Top 10 EPC Companies in Apac - 2024

Engineering, Procurement, and Construction (EPC) projects require meticulous planning, substantial funding, and proficient financial management. These projects span various industries and involve significant complexities in execution and financing. Financial management in EPC projects encompasses multiple facets, from securing funding to managing budgets and mitigating financial risks. Innovative financing models such as Public-Private Partnerships (PPPs), project financing, green bonds and sustainability-linked loans, and the securitization of future cash flows have emerged to address the high risks and extended gestation periods associated with these projects.

Banks and financial institutions play a pivotal role throughout the lifecycle of EPC projects, providing essential capital, risk management, advisory services, performance guarantees, and letters of credit. They offer loans, credit lines, and guarantees and provide various instruments to manage risks, including hedging against interest rate fluctuations, currency exchange risks, and commodity price volatility

Effective budget management and risk mitigation are critical to the success of EPC projects. Effective financial management in the EPC sector includes accurate cost estimation, regular financial monitoring and reporting, contingency planning, risk assessment and mitigation, and clear stakeholder communication. By embracing these practices, EPC companies can navigate financial challenges, optimize resource allocation, and achieve successful project outcomes.

In this edition on Engineering Procurement and Construction 2024, we feature PT. Meindo Elang Indah and explore how the companies’ integrated approach ensures streamlined project execution, cost-efficiency, and adherence to timelines, which are critical for large and complex projects in the region. The magazine highlights valuable perspectives from Jeremy Angelle, VP of Well Construction at Expro and Thomas Benjamin Tackie, Vice President and Global Head of Service Quality at Vestas. EPC companies’ efficiency and sustainability in executing complex projects are vital for the future growth and transformation of infrastructure and industry in the APAC region.

We hope these valuable insights from industry leaders featured in this edition will assist you in making informed decisions for your businesses.

EPC - 2024

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PT. Meindo Elang Indah

PT. MeindoElang Indah is an engineering, procurement, construction installation and commissioning (EPCIC) firm that delivers innovative solutions across oil and gas, infrastructure and renewable energy industries. Focusing on excellence, efficiency and sustainability, it provides comprehensive one stop service encompassing project management, engineering design, procurement and construction.

From detailed engineering to offshore installation and commissioning, we offer a one-stop solution that streamlines project management and delivers exceptional results

Henky Kurniawan, Director of EPCI
Dominant Energy

Dominant Energy is a technical service provider to the oil, gas, and petrochemical industries. Dominant Energy focuses on plant expansion and shutdown activities ensuring high standards of safety and quality in each endeavor, aiming to exceed customer expectations consistently.
Energetix

Energetix particularises in designing, engineering, procuring, and constructing solar photovoltaic (PV) systems. It delivers clean energy solutions that offer high returns on investment and ensure a reliable, long-term energy supply. It renders full turnkey solutions for rooftop PV installations and facilitates Solar Power Purchase Agreements (PPAs) to optimize energy cost savings.
JUMBO Consulting Group

JUMBO Consulting Group specializes in strategic services and project delivery consultancy for offshore wind, transmission systems, and energy islands. It supports the entire project lifecycle, from early development to operations and maintenance. With deep sector knowledge, it offers solutions in development services, supply chain, procurement, and contract management.
Klean Industries

Klean Industries renders clean energy and resource recovery solutions for industrial manufacturing sectors. The company uses advanced technologies to convert waste materials, such as scrap tires and plastics, into valuable commodities. It focuses on developing circular economy projects utilizing methods like pyrolysis and gasification.
Lih Ming Construction

Lih Ming Construction excels in civil engineering, materials management, and project management, offering solutions in cable installation, pipe laying, and road reinstatement. It is an expert in underground gas pipe laying systems, adhering to stringent standards and safety protocols, and also gives comprehensive solutions from pre-construction to post-construction phases.
LS Marine Solutions

LS Marine Solutions is a comprehensive marine services provider, offering state-of-the-art facilities and equipment. It leverages cutting-edge technology and equipment to deliver efficient and reliable solutions for complex marine projects. Its services encompass cable laying, shipbuilding, and underwater equipment solutions.
Poratha Group of Companies

Poratha Group of Companies excels in providing multidisciplinary services in engineering, procurement, construction, maintenance, and commissioning. It delivers seamless, comprehensive solutions, ensuring client satisfaction and project success from conception to completion. The company sets industry standards by adapting to client needs and maintaining a reputation for excellence and reliability.
TTCL Vietnam Corporation

TTCL Vietnam Corporation, a subsidiary of TTCL Public Company, specializes in turnkey projects for industrial plants in various sectors, including chemical, petrochemical, pharmaceuticals, and energy industries. TVC’s competitive advantage lies in its highly trained engineering teams and diverse service offerings.
Vũ Phong Energy Group

Specialising in solar power development, Vũ Phong Energy Group has implemented over 1,000 projects and installed approximately 700 MWp of solar power. The company provides EPC contracting, O&M services, and investing in rooftop and farm solar projects while exploring other renewable energy sources like wind and biomass.
PT. Meindo Elang Indah

PT. MeindoElang Indah is an engineering, procurement, construction installation and commissioning (EPCIC) firm that delivers innovative solutions across oil and gas, infrastructure and renewable energy industries. Focusing on excellence, efficiency and sustainability, it provides comprehensive one stop service encompassing project management, engineering design, procurement and construction.
From detailed engineering to offshore installation and commissioning, we offer a one-stop solution that streamlines project management and delivers exceptional results

Henky Kurniawan, Director of EPCI
Dominant Energy

Dominant Energy is a technical service provider to the oil, gas, and petrochemical industries. Dominant Energy focuses on plant expansion and shutdown activities ensuring high standards of safety and quality in each endeavor, aiming to exceed customer expectations consistently.
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Energetix

Energetix particularises in designing, engineering, procuring, and constructing solar photovoltaic (PV) systems. It delivers clean energy solutions that offer high returns on investment and ensure a reliable, long-term energy supply. It renders full turnkey solutions for rooftop PV installations and facilitates Solar Power Purchase Agreements (PPAs) to optimize energy cost savings.
.
JUMBO Consulting Group

JUMBO Consulting Group specializes in strategic services and project delivery consultancy for offshore wind, transmission systems, and energy islands. It supports the entire project lifecycle, from early development to operations and maintenance. With deep sector knowledge, it offers solutions in development services, supply chain, procurement, and contract management.
.
Klean Industries

Klean Industries renders clean energy and resource recovery solutions for industrial manufacturing sectors. The company uses advanced technologies to convert waste materials, such as scrap tires and plastics, into valuable commodities. It focuses on developing circular economy projects utilizing methods like pyrolysis and gasification.
.
Lih Ming Construction

Lih Ming Construction excels in civil engineering, materials management, and project management, offering solutions in cable installation, pipe laying, and road reinstatement. It is an expert in underground gas pipe laying systems, adhering to stringent standards and safety protocols, and also gives comprehensive solutions from pre-construction to post-construction phases.
.
LS Marine Solutions

LS Marine Solutions is a comprehensive marine services provider, offering state-of-the-art facilities and equipment. It leverages cutting-edge technology and equipment to deliver efficient and reliable solutions for complex marine projects. Its services encompass cable laying, shipbuilding, and underwater equipment solutions.
.
Poratha Group of Companies

Poratha Group of Companies excels in providing multidisciplinary services in engineering, procurement, construction, maintenance, and commissioning. It delivers seamless, comprehensive solutions, ensuring client satisfaction and project success from conception to completion. The company sets industry standards by adapting to client needs and maintaining a reputation for excellence and reliability.
.
TTCL Vietnam Corporation

TTCL Vietnam Corporation, a subsidiary of TTCL Public Company, specializes in turnkey projects for industrial plants in various sectors, including chemical, petrochemical, pharmaceuticals, and energy industries. TVC’s competitive advantage lies in its highly trained engineering teams and diverse service offerings.
.
Vũ Phong Energy Group

Specialising in solar power development, Vũ Phong Energy Group has implemented over 1,000 projects and installed approximately 700 MWp of solar power. The company provides EPC contracting, O&M services, and investing in rooftop and farm solar projects while exploring other renewable energy sources like wind and biomass.
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