StockWatch
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Iron & Steel Products
Deals23 Oct 2026, 09:13 am

Welspun Corp Secures $1.3 Billion US Pipeline Order

AI Summary

Welspun Corp's US subsidiary, Welspun Tubular LLC, has secured a significant order valued at approximately ₹5,500 crores (USD 1.3 billion) to supply coated line pipes for a major natural gas pipeline project in the USA. This project is linked to an Anchor customer, a data centre complex for a top-tier global hyper-scaler, positioning Welspun at the confluence of energy transmission and AI-driven data centre expansion. The order will be executed from Welspun's US facility, with completion expected by FY29. This new order boosts Welspun's global order book to a record high of approximately USD 5.25 billion (₹50,000 crore).

Key Highlights

  • Secured landmark order worth approx ₹5,500 crore in the USA.
  • Order to supply coated line pipes for a natural gas pipeline project.
  • Project supports AI-led data centre expansion, a key infrastructure theme.
  • Global order book reaches record USD 5.25 billion (₹50,000 crore).
  • Execution expected from Welspun USA facility by FY29.