NEW DELHI, Oct 30: Welspun Corp on Thursday said its US-based subsidiary has bagged two new orders for the supply of coated pipes for Natural Gas and NGL Pipeline Projects in the USA valued at around USD 715 million.
In a regulatory filing, Welspun Corp said, “With this, our US facility now has a clear business visibility and continuity till FY28”.
The company’s consolidated order book stood at a record high of Rs 23,500 crore.
The company is witnessing a significant energy demand for Data Centres powering AI in the USA, creating additional opportunities for Line Pipe applications.
“These wins position us as a reliable partner in these value chains,” it said.
Homegrown Welspun Corp is the flagship company of Welspun World, with a diverse business portfolio in pipe solutions and building materials.
Welspun Corp is among the top three manufacturers of large-diameter pipes globally and has established a global footprint across six continents and 50+ countries by delivering key customised solutions for both onshore and offshore applications.
The company also manufactures ductile iron (DI) pipes and stainless steel pipes, tubes and bars. (PTI)
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