PSL bags various orders worth Rs 742 crore

PSL and its UAE based wholly owned subsidiary -- PSL FZE -- has bagged various orders aggregating worth Rs 742 crore for the manufacture of pipes and provision of ancillary coating services from various international and domestic majors such as Leighton Offshore, Larsen and Toubro, Nagarjuna Construction Company, Pratibha Industries and various other customers.

The foreign orders include an offshore pipe coating project secured by PSL FZE which has been awarded by Leighton Offshore, Malaysia for an SPM Pipeline project in Iraq. This project includes coating assignment of about 66 kms of 48 inch diameter bare line pipes.

In addition, the domestic orders secured by the company has been awarded by large Indian companies like, Larsen and Toubro, Nagarjuna Construction Company, Pratibha Industries etc for water pipeline projects being implemented in the state of Gujarat and Tamil Nadu.

PSL is India’s largest producer / manufacturer of HSAW pipes, the line-pipe industry's preferred pipe, with production capacity in excess of the 1 MT mark.