Welspun Corp has bagged additional orders for supply of 232K MTs pipes, including a large order. With these additions, the company has current order book of 1,279K MTs valued at Rs 8,200 crore.
Recently, the company had bagged orders including a large oil & gas order for supply of 124 K MTs pipes.
Welspun Corp is currently in four businesses viz Line Pipes, Energy, Infrastructure & Steel and enjoys a global leadership position in the first two businesses. It may be recalled that Welspun Corp is already in advanced stages of demerging the parts of its business other than Line Pipes into Welspun Enterprises through a court process.