Maharashtra Seamless Limited will supply casing seamless pipes to ONGC in gradual dispatches within a period of 44 weeks.
Apr 15, 2024
Leading steel pipes and tubes manufacturer Maharashtra Seamless Limited has received a work order worth approximately INR 674 crore from Oil and Natural Gas Corporation (ONGC) to supply casing seamless pipes.
The company said in a regulatory filing that it has received an order with a basic value of approximately INR 674 crore from ONGC Limited for the supply of casing seamless pipes, which will be completed with gradual dispatches within a period of 44 weeks.
The company operates through three segments – steel pipes & tubes, power electricity, and RIG.
India’s leading manufacturer of seamless and ERW steel pipes & tubes, Maharashtra Seamless Limited (MSL), was incorporated on May 10, 1988. The company was conceived after noticing a huge demand and supply gap in the seamless pipe market, which was met mostly through imports. This import substitute project was set up in 1991 at Nagothane (near Mumbai), District Raigad (Maharashtra), to manufacture seamless pipes & tubes with the finest quality and wide product range.
It is a flagship company of the DP Jindal Group having turnover of USD 1 billion. The company has consistently undergone expansion & routinely upgraded to the latest technology to keep ahead of the curve.
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Our state-of-the-art plant is only the third of its kind in the world. The plant was commissioned in February 1992. It has a present installed capacity to produce 1,50,000 TPA of carbon & alloy steel hot finished and cold finished seamless pipes. The size range includes 10.3 mm to 177.8 mm O.D. (1 mm to 22 MM W.T.). In addition, it has facilities for heat treatment of sizes ranging from 2 ⅜ inch to 13 ⅜ inch O.D.
Today, Maharashtra Seamless Limited can meet customer’s requirements both for seamless and ERW pipes. Besides pipes and tubes, MSL has diversified its business portfolio in varied strategic areas such as renewable power generation and acquisition of a stake in an iron ore mine in Amapa, Brazil.
