By: ICN Bureau
Last updated : March 26, 2024 4:58 pm
The duration of the contract is 30 months
Welspun Corp Limited's associate company East Pipes Integrated Company for Industry (EPIC), Saudi Arabia's leading manufacturer of HSAW Pipes today announced contract sign off with Saline Water Conversion Corporation (SWCC) with value approx. Rs 512 crore for manufacturing and supply of steel pipes. The duration of the contract is 30 months.
The financial impact of the contract will be reflected in 1st quarter of financial year 2024/2025, till 3rd quarter of financial year 2026/2027.
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.