"Welspun Corp Limited's Saudi Arabian Associate Secures SAR 230 Million Contract"

Today, East Pipes Integrated Company for Industry (EPIC), an associate company of Welspun Corp Limited and Saudi Arabia's premier manufacturer of Helical Submerged Arc Welded (HSAW) pipes, announced the signing of a significant contract with Saline Water Conversion Corporation (SWCC). The contract, valued at over SAR 230 million (approximately Rs 512 crore), entails the manufacturing and supply of steel pipes and spans a duration of 30 months.

The financial impact of this contract is expected to be realized from the first quarter of the financial year 2024/2025 through the third quarter of the financial year 2026/2027.

EPIC's status as a leading manufacturer of HSAW pipes in Saudi Arabia, coupled with its state-of-the-art manufacturing facilities, impeccable track record in executing large-scale projects, and unwavering commitment to quality and customer satisfaction, positions it favorably to secure further projects in both the Water and Oil & Gas sectors. The company's continued dedication to supporting Saudi Arabia's strategic objectives under Vision 2030 reinforces its pivotal role in driving progress and innovation in the region.

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