Welspun announced that it has secured a significant order in the U.S. to supply coated HSAW pipes for a natural gas pipeline project, according to a stock exchange filing.
The contract is valued at INR 2,400 crore (USD 496 mln), and execution will take place during FY25 and FY26, the company stated.
As a major global manufacturer of large diameter pipes, Welspun Corp Ltd. operates across six continents and 50 countries, with an annual production capacity of 2.2 mln tons. The company’s manufacturing capabilities include BIS-certified billets, rebars, ductile iron pipes, and stainless steel pipes. Welspun Corp Ltd. has manufacturing facilities in Anjar (Gujarat), Bhopal (Madhya Pradesh), Mandya (Karnataka), and Jhagadia (Gujarat) in India, as well as units in Saudi Arabia and the USA.
1 USD / 83.9 INR
