PSL has bagged an order worth Rs 570 crore from Indian Oil Corporation for the manufacture of pipes and provisions of ancillary coating services towards the Salaya - Mathura Pipeline De-Bottlenecking Project. In accordance with this order, the company will be required to supply 28 - inch diameter coated steel pipes of X - 70 grade and upto 40 feet in length. These supplies will be made from company’s already geared up plants at Jaipur and Kandla.
Further, the company has successfully completed pipe production for an earlier order from Gas Authority of India for supply of pipes valuing Rs 753 crore from its other two plants located at Chennai and Vizag. Major portion of this supply was of API X - 80 Grade Pipes.
PSL is India’s largest producer / manufacturer of HSAW pipes, the line-pipe industry's preferred pipe, with production capacity in excess of the 1 MT mark.
Company Name | CMP |
---|---|
JSW Steel | 919.35 |
Tata Steel | 175.45 |
SAIL | 169.35 |
Jindal Stainless | 711.15 |
APL Apollo Tubes | 1693.50 |
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