Welspun Corp bags ₹5,500 crore US natural gas pipeline order
Welspun Corp has announced that its US subsidiary, Welspun Tubular LLC, secured a significant order worth ₹5,500 crore. This order involves supplying coated line pipes for a gas pipeline project in the Permian region. The project will cater to a d...
The pipeline will serve a data centre complex operated by an anchor customer that the company described as one of the top-tier global digital infrastructure hyperscalers, the company said in a regulatory filing.
The order will be executed from Welspun's US facility during FY29.
Also read: Welspun Corp’s $350 million US bet rides rising oil, gas pipeline demand
With the addition of the order, Welspun Corp's global order book has reached an all-time high of approximately $5.25 billion, or around ₹50,000 crore.
Shares of Welspun Corp fell 2.96% to trade at Rs 2,362.50 per share, down ₹72.00, on the BSE, an of 10: 10 am on 23rd October 2026.
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