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The EPGP program has been developed for a different audience.
It is designed for students of management who can directly apply their learning in a leadership role in the industry and sponsored candidates may be preferred. Academically it's almost as demanding as a PGP but with more casework and class discussion. There are still exams and quizzes each month and the placement is rigorous for mid level roles in industry.
The program leaves the studying to you so it's on you to build a takeaway for yourself.
It is at par with all other 1 year full time MBA programs in India, such as ISB, IIMA PGPX and IIMC PGPEX.