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Welspun Specialty Solutions secures Purchase Contract from BHEL

15 Mar 2025 Evaluate

Welspun Specialty Solutions has secured a Purchase Contract from Bharat Heavy Electricals (BHEL) for supply of around 4,050 tons of Stainless-Steel Seamless Boiler Tubes for series of Super critical Thermal Power Projects. The final value of the contract is Rs 231.78 crore (excluding GST) and is expected to be executed progressively during next 13 months (April 2026).

Earlier, the company had been notified as L1 bidder by BHEL. 

Welspun Specialty Solutions (Erstwhile RMG Alloy Steel Limited) is an integrated manufacturer of Alloy & Stainless-Steel products that are globally benchmarked.


Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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