Welspun Corp has informed that the company has been awarded a prestigious contract for export of LSAW Pipes and Bends to the Middle East which will be executed from its facilities in Anjar, India in FY23-24. The contract is for approximately 83,000 MT bare pipes with an option of coating exercisable by the project owner subsequently. Pipes supplied will be used for offshore production and transport of gas, which will accelerate and enhance LNG export infrastructure in one of the largest LNG producing and exporting country in the World. This latest award is a testament to its engineering excellence, impeccable track record and dedication to delivering innovative solutions that meet the unique needs of its clients. The energy scenario across the globe is changing due to various geopolitical reasons and the company is well-placed to secure further projects in the Oil & Gas sector, both in international as well as domestic market. The above is in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 and the Company’s Code of Practices and Procedure for Fair Disclosure of Unpublished Price Sensitive Information.
The above information is a part of company’s filings submitted to BSE.
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|---|---|
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