Welspun Corp secures Rs 13 billion pipe supply contract in the US
ECONOMY & POLICY

Welspun Corp secures Rs 13 billion pipe supply contract in the US

Homegrown Welspun Corp (WCL) made a significant announcement regarding its recent business developments. The company revealed that it has successfully secured two new contracts in the United States, which are valued at an impressive Rs 13 billion. These contracts involve the supply of specialised pipes specifically designed for natural gas pipeline projects. WCL is focused on fulfilling the order for Helical Submerged Arc Welded (HSAW) pipes within the financial year 2025-26, according to the details provided in an official exchange filing.

In elaborating on its future prospects, the company conveyed that it maintains a highly optimistic outlook for the US market. This positive sentiment is bolstered by WCL's participation in several additional projects, indicating that the company is strategically positioned to capitalize on emerging opportunities. Furthermore, WCL noted that it is favourably situated in 1-2 large projects, which could enhance its growth trajectory in the coming years. This announcement underscores WCL's commitment to expanding its footprint in the international market, particularly in the lucrative sector of natural gas infrastructure.

Homegrown Welspun Corp (WCL) made a significant announcement regarding its recent business developments. The company revealed that it has successfully secured two new contracts in the United States, which are valued at an impressive Rs 13 billion. These contracts involve the supply of specialised pipes specifically designed for natural gas pipeline projects. WCL is focused on fulfilling the order for Helical Submerged Arc Welded (HSAW) pipes within the financial year 2025-26, according to the details provided in an official exchange filing. In elaborating on its future prospects, the company conveyed that it maintains a highly optimistic outlook for the US market. This positive sentiment is bolstered by WCL's participation in several additional projects, indicating that the company is strategically positioned to capitalize on emerging opportunities. Furthermore, WCL noted that it is favourably situated in 1-2 large projects, which could enhance its growth trajectory in the coming years. This announcement underscores WCL's commitment to expanding its footprint in the international market, particularly in the lucrative sector of natural gas infrastructure.

Next Story
Real Estate

Pune Sees 14,421 Property Deals in April 2025, Earns Rs 5.47 Bn: Report

Knight Frank India, in its latest assessment, noted that Pune’s real estate market registered 14,421 property transactions in April 2025, generating Rs 5.47 billion in stamp duty revenue. While property registrations saw a slight year-on-year (Y-o-Y) increase of 1 per cent, stamp duty collections dipped marginally by 3 per cent Y-o-Y during the same period. The decline in stamp duty revenue is primarily attributed to a higher share of registrations in lower ticket-size segments. On a month-on-month (MoM) basis, both property registrations and stamp duty collections in Pune fell by 43 pe..

Next Story
Infrastructure Urban

JK Tyre Launches India’s First Car Tyre with ISCC Plus Material

JK Tyre & Industries, the pioneers of innovation in tyre industry have commenced production of its ‘UX Royale Green’ passenger car tyres using ISCC Plus certified sustainable raw materials at its Chennai Tyre Plant—marking yet another first in the Indian tyre industry. This milestone reflects JK Tyre’s steadfast commitment to green technology and reducing carbon footprint through continuous R&D excellence.The certification, granted under the globally recognised International Sustainability and Carbon Certification (ISCC plus) framework, validates the use of traceable and respon..

Next Story
Equipment

Liebherr Showcases Machines at LIGNA 2025 for Timber Industry

Liebherr will showcase its special machines and solutions for the wood processing industry at the LIGNA 2025 international trade fair for the timber and forestry sector in Hanover. From 26 to 30 May, visitors will be able to explore Liebherr's approximately 475 m² exhibition stand in the fair's outdoor area (Corner 7, Stand L44). The Liebherr LH 26 M Timber material handler and the Liebherr T 60-9s telescopic handler will be among the machines on display. The Liebherr wheel loader L 580 XPower is equipped with industrial kinematics and high-dump bucket for the timber industry. In addition, an..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?