Welspun Corp Limited will supply Helical Submerged Arc Welded (HSAW) pipes for natural gas pipeline projects in the US. The company will execute the two orders in the financial year 2025-26.
Nov 5, 2024
Homegrown Welspun Corp Limited (WCL) has secured two new orders in the US worth INR 1,300 crore for supplying Helical Submerged Arc Welded (HSAW) pipes for natural gas pipeline projects.
The company said in an exchange filing that it would execute the orders in the financial year 2025-26.
Welspun said its outlook for the US market was extremely positive. The company has participated in a few more projects and was favorably placed in additional 1-2 large projects, it added.
Welspun Corp is a flagship company of Welspun World, a leading Indian multinational worth USD 5 billion, specializing in line pipes and home solutions, along with other lines of businesses such as infrastructure, pipe solutions, building materials, warehousing, retail, advanced textiles and flooring solutions.
