Monday, March 24, 2008

Welspun-Gujarat bags Rs 1,075-cr order of spiral pipes

Welspun-Gujarat Stahl Rohren Ltd has announced that the company has bagged prestigious pipeline orders worth Rs 1,075 crore for the supply of spiral pipes in Northern Africa.

The new order has taken Welspun's order book position to above Rs 5,900 crore. This contract has won against European competition reaffirms Welspun's positioning into high-end large diameter business.

Commenting on the orders, Mr. B K Goenka, Vice Chairman and Managing Director of the Welspun Group said, "Welspun's strong demonstration of 'Engineering Excellence' and accreditations from top Oil and Gas companies across the world results in new orders and reinstates our position as one of the largest and premium line pipe companies in the world".

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