Welspun Corp Restricted (WCL) introduced right this moment it has secured new orders price roughly ₹3,000 crore for supplying coated pipes for pure fuel pipeline initiatives in the US. The orders embrace two main contracts for HSAW pipes and extra orders for HFIW pipes.
The shares of Welspun Corp Restricted (WCL) have been buying and selling at ₹719.70 down by ₹17.80 or 2.41 per cent on the NSE right this moment at 10.05 am.
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The corporate plans to execute these orders primarily throughout fiscal years 2026 and 2027. With these new contracts, Welspun’s consolidated order e-book has reached roughly ₹18,000 crore.
The Mumbai-based pipe producer mentioned these wins strengthen its dominant market place within the US oil and fuel transmission sector. The corporate expressed optimism in regards to the US market outlook for the approaching years and indicated its readiness to capitalize on future alternatives.
Welspun Corp, has been increasing its presence within the US vitality infrastructure sector. The corporate’s HSAW (Helical Submerged Arc Welded) and HFIW (Excessive-Frequency Induction Welding) pipes are essential parts in pure fuel transportation infrastructure.
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The announcement comes as vitality infrastructure growth continues to drive demand for specialised pipeline options in the US.
