Welspun Corp has received a binding Letter of Award (LOA) for export of line pipes from India. The contract, valued around Rs 611 crore is for supply of LSAW Pipes, Coating and Bends in Latin America. The execution of this contract shall be done in FY25.
Earlier, the company had received multiple line pipe orders, both in India & USA, cumulatively valued at around Rs 872 crore since its last disclosure made on March 22, 2024. The execution of these orders will be during FY25.
Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.
