Deals30 Oct 2025, 09:07 am
Welspun Corp's USA Subsidiary Secures $715M Line Pipe Orders
AI Summary
Welspun Corp Ltd is pleased to announce that its US subsidiary has received two major line pipe orders valued at a total of US$ 715 million (approx.) for supply of coated pipes for Natural Gas and NGL Pipeline Projects in USA. This brings the company's US facility business visibility and continuity till FY28, with a record high consolidated order book of ~Rs. 23,500 Crores. The significant energy demand for Data Centres powering AI in USA presents additional opportunities for Line Pipe applications, positioning Welspun as a reliable partner in these value chains.
Key Highlights
- Welspun Corp's USA subsidiary secures $715M line pipe orders
- Orders for supply of coated pipes for Natural Gas and NGL Pipeline Projects in USA
- Company's US facility now has business visibility and continuity till FY28
- Consolidated order book at a record high of ~Rs. 23,500 Crores
- Significant energy demand for Data Centres powering AI in USA presents additional opportunities