India: Welspun Corp receives biggest order ever to supply coated pipes

Welspun Corp has bagged the biggest order in its history to supply 325,000 t of large diameter coated pipes for transporting natural gas from the Permian Basin to Houston, worth more than INR 5,000 crore. The pipes for the project will be produced at Welspun’s Little Rock plant in the US and will be executed over a period of 12 months beginning from H2 FY’23.