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Welspun Wins $580 Million US Gas Pipeline Order

Welspun Corp says its US subsidiary won an order worth about 55 billion rupees ($580.3 million) to supply coated-line pipes for a natural gas pipeline project in the Permian Basin, tied to a data centre buildout.

WELCORP

Welspun Corp NSE:WELCORP has secured an order worth about 55 billion rupees ($580.3 million) through its US subsidiary. The contract is to supply coated-line pipes for a natural gas pipeline project in the Permian Basin, a key oil-producing field. ($1 = 94.7875 Indian rupees)