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Welspun Corp Secures New Orders Worth ₹3,000 Crore in the USA

2025-02-17  Niranjan Ghatule  
Welspun Corp Secures New Orders Worth ₹3,000 Crore in the USA

Welspun Corp Limited, a leading global player in the oil & gas (O&G) transmission space, has announced the receipt of significant new orders in the USA. The company has secured two large orders for Helical Submerged Arc Welded (HSAW) Pipes and additional orders for High-Frequency Induction Welding (HFIW) Pipes, valued at approximately ₹3,000 crore. These coated pipes will primarily be used in Natural Gas Pipeline Projects across the USA.

Execution Timeline and Market Outlook:The execution of these orders is expected to take place during FY26 and FY27. This latest development further strengthens Welspun's dominant market share in the USA’s O&G transmission sector. The company remains optimistic about future growth in the American market, anticipating further opportunities in the coming years.

Welspun’s Consolidated Order Book Reaches ₹18,000 Crore:With the addition of these fresh orders, the total consolidated order book of Welspun Corp now stands at ₹18,000 crore. This milestone highlights the company’s robust business pipeline and ability to secure high-value projects in international markets.

Shares of welpsun corp trading at 727 down 1.34% from previous close as of Feb 17,2025 

 

Disclaimer:

This article is for informational purposes only and should not be considered as financial or investment advice. Readers are advised to conduct their own research and consult with a professional financial advisor before making any investment decisions. The information presented here is based on publicly available sources and company announcements, and SensexNifty.com is not responsible for any financial decisions made based on this content .

 


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