Welspun Corp is setting up a Greenfield facility at Anjar to enter the Ductile Iron (DI) Pipe business. Considering the expected demand, the company has decided to increase the capacity for DI Pipes to 400 KMTPA (from earlier proposed 250 KMPTA) and add DI Fittings to the product range. This would bring the total project cost to Rs 1,550 crore (plus soft cost) from the earlier planned Rs 1,250 crore (plus soft cost). The project is being funded through a combination of internal accruals and debt. There are no changes in the timelines and the project is expected to be commissioned by April 2022. As the project is currently under construction, there is no capacity utilization as of now.
Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.
