By: ICN Bureau
Last updated : May 07, 2024 12:09 pm
The financial impact of the contract will be reflected in Q2 and Q3 of the financial year 2024/2025
Welspun Corp Limited's associate company East Pipes Integrated Company for Industry (EPIC), Saudi Arabia's leading manufacturer of HSAW Pipes announced contract sign off with Maramer Contracting Company with value exceeding approx. Rs 133 crore for manufacturing, coating and supply of steel pipes. The duration of the contract is six months.
The financial impact of the contract will be reflected in Q2 and Q3 of the financial year 2024/2025.
EPIC is Saudi Arabia's leading manufacturer of Helical Submerged Arc Welded (HSAW) pipes. Its fully integrated manufacturing facilities, impeccable track record of execution of mega orders, Quality and customer focused approach enables it to remain well-placed to secure further projects both in the Water and Oil & Gas sector and continue pioneering in supporting KSA's strategic objectives under the Vision 2030.