Welspun Corp’s associate Company -- East Pipes Integrated Company for Industry (EPIC) has won order from Saudi Water Authority for manufacturing and supply of steel pipes for total value exceeding 485 million SAR (around Rs 1,165 crore) including value added tax.
The duration of the contract is six months and the financial impact of the contract will be reflected in Q4FY2025-26 and Q1FY26-27.
EPIC is Saudi Arabia’s leading manufacturer of Helical Submerged Arc Welded (HSAW) pipes. It’s fully integrated manufacturing facilities with impeccable track record of execution of mega orders in time & Quality with customer centric approach, positions them as a most preferred supplier in the KSA market and continue to pioneer 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.
| Company Name | CMP |
|---|---|
| Tata Steel | 206.60 |
| JSW Steel | 1215.20 |
| SAIL | 166.10 |
| Jindal Stainless | 779.95 |
| APL Apollo Tubes | 2064.15 |
| View more.. | |
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