Deals17 Mar 2025, 01:48 pm
Welspun Corp Secures Rs. 2,400 Cr Orders for Coated Pipes in USA, Boosting Order Book to Rs. 20,000 Crores
AI Summary
Welspun Corp Ltd has announced the receipt of new orders valued at approximately Rs. 2,400 Cr for the supply of coated pipes for Natural Gas Pipeline Projects in the USA. This addition brings the company's consolidated order book to approximately Rs. 20,000 crores. The execution of these orders is expected to take place during FY26 and FY27. This development underscores the company's leading and dominant position in the USA - Oil & Gas market and its ability to deliver quality products and exceptional service.
Key Highlights
- Welspun Corp secures new orders worth Rs. 2,400 Cr in the USA
- The new orders are for the supply of coated pipes for Natural Gas Pipeline Projects
- The company's consolidated order book stands at approximately Rs. 20,000 crores
- The orders are expected to be executed during FY26 and FY27
- This development reinforces Welspun Corp's leading position in the USA - Oil & Gas market