Welspun Corp will supply multiple-line pipes in India and the United States. The execution of these orders is scheduled for FY25.
May 6, 2024
Welspun Corp has received orders worth INR 872 crore to supply multiple-line pipes to India and the United States.
As per a stock exchange filing by the company, Welspun Corp has secured the multiple-line pipe orders worth INR 872 crore since the last disclosures made on March 22. The execution of these orders is scheduled for FY25.
The Mumbai-based company said one of the orders involved supplying coated LSAW pipes and bends for a crucial oil transportation project in the Middle East, specifically for extreme sour service application.
The projects highlighted Welspun Corp’s expertise in handling challenging endeavours, further solidifying its position as a leading global line pipe manufacturer, it added.
Welspun Corp Limited is a part of the USD 5 billion Welspun World, with forays in pipe solutions and building materials. It has undertaken some of the most challenging projects around the world, namely, the world’s deepest pipeline, the world’s heaviest pipeline, and the world’s longest pipeline, among others.
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Welspun World is one of the fastest-growing global conglomerates, a globally recognized leader in the businesses of line pipes, home textiles, infrastructure, warehousing, oil & gas, steel, advanced textiles and flooring solutions.