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Corporate News
10-Nov-23
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Welspun Corp associate company EPIC bags contract from Saudi Aramco
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Welspun Corp announced that its associate company, East Pipes Integrated Company for Industry (EPIC) in the Kingdom of Saudi Arabia (KSA), has signed a contract for the manufacturing and supply of large diameter Steel Pipes with Saudi Aramco , for a total value exceeding SAR 440 million (Approx. Rs 1000 crore) inclusive of value added tax.
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.
Earlier in May 2023, EPIC announced a landmark SAR 1.8 billion
(Approx Rs 4,000 crore) contract with Aramco.
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