Welspun Corp’s associate company -- East Pipes Integrated Company for Industry (EPIC) has signed Multi contracts sign off with Saudi Arabian Oil Co. (Aramco) with value exceeding SAR 1.65 Billion (around Rs 3,670 crore) inclusive of value added tax for manufacturing and supply of steel pipes. The duration of the contracts is 19 months. The financial impact of the contracts will be reflected from 4th Quarter of financial year 2024/2025 to 4th Quarter of financial year 2025/ 2026.
EPIC is Saudi Arabia’s leading manufacturer of Helical Submerged Arc Welded (HSAW) pipes. Its fully integrated manufacturing facilities, impeccable track record of execution of mega orders, Quality and customer focused approach enables it to remain well-placed to secure further projects both in the Water and Oil & Gas sector and continue pioneering in supporting KSA’s strategic objectives under the Vision 2030.
Welspun Corp is the flagship company of Welspun Group, which is among the Largest Welded Line Pipe manufacturing companies in the world.
