Engineering, Procurement and Construction (EPC)
Our EPC business delivers critical infrastructure, power and utility projects across India, covering metro rail, airports, highways, buildings, power distribution, data centres, refineries and renewables.

Understanding the Business Environment

Infrastructure Expansion and Urban Development
  • Large-scale investments in metro rail, airports, highways, bridges and logistics corridors continue to drive EPC demand
  • Urban redevelopment and smart-city initiatives are expanding opportunities in electrical, utility and integrated building infrastructure
Energy Transition and a Stronger Power Ecosystem
  • Growing renewable energy capacity requires transmission evacuation systems, substations and distribution upgrades
  • States and utilities are modernising existing grids through undergrounding, network strengthening, and lossreduction projects, creating a robust, multi-year demand cycle for our highvoltage, underground, and specialised power cables
Industrial, Commercial and Institutional Growth
  • Demand from refineries, petrochemicals, manufacturing clusters, data centres, hospitality, retail and healthcare continues to rise
  • Developers are increasingly preferring turnkey partners capable of delivering reliable and compliant electrical infrastructure
Long-term Public Investment Visibility
  • Sustained government capex allocation and multi-year project pipelines provide strong visibility and continuity of execution across regions

Strategic Levers Enhancing Performance

  • Increasing participation in large and complex public- and private-sector projects, supported by enhanced prequalification and approvals
  • Strengthening execution by improving project management, contracting discipline, site coordination and delivery timelines
  • Leveraging Polycab’s product breadth, technical expertise and backward integration to offer comprehensive, cost-efficient EPC solutions
  • Tailoring offerings to customer segments and geographies, enabling higher win-rates and targeted business development
  • Enhancing margin resilience through disciplined bidding, better cost controls and operational efficiency

Sustainability

We prioritise resource-efficient project management and sustainable procurement, promoting energy-efficient construction practices that minimise environmental impact. Advanced automation and predictive maintenance optimise resource use, reduce waste and reinforce our commitment to sustainable infrastructure.

Performance in FY 2025-26

`16,665 Mn

EPC revenue

9.9%

EPC EBIT margin

`1,655 Mn

EPC EBIT

Zojila Underground Cable Project: Delivering Power in Extreme Terrain

The Zojila Underground Cable project marks a major engineering milestone with POWERGRID. Completed by dedicated teams at an altitude of about 12,000 feet, it offers a reliable, all-season power link for the region. Specialised staff, advanced gear and tailored support ensured project completion in just 13 months despite tough terrain, limited windows and complex logistics.

Industries We Serve

Chemicals

Data Centres

Defence

Energy

Infrastructure

Manufacturing

Metals

Oil and Gas

Real Estate

Technology

Telecom

Transport

Household Needs

Industrial Needs