Welspun Corp’s subsidiary, East Pipes Integrated Company for Industry (EPIC), has secured orders worth approximately INR 130 crore in Saudi Arabia, placed by Saudi Real Estate Infrastructure Company (Binyah) and Al Rashid Trading and Contract Company, for the supply and coating of steel pipes.
Dec 27, 2024
Welspun Corp Limited has announced that its subsidiary, East Pipes Integrated Company for Industry (EPIC), secured orders worth approximately INR 130 crore in Saudi Arabia. The orders, placed by Saudi Real Estate Infrastructure Company (Binyah) & Al Rashid Trading and Contract Company, involve the supply and coating of steel pipes.
The financial impact of the contract will be reflected in the first and second quarters of financial year 2026, Welspun Corp said in its exchange filing.
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EPIC is a manufacturer of Helical Submerged Arc Welded (HSAW) pipes based in Saudi Arabia. Its fully integrated manufacturing facilities position the company as a preferred supplier in the KSA market. Earlier, EPIC had bagged another order worth approximately INR 512 crore from Saudi Arabia for manufacturing and supply of steel pipes.
