WGSRL bags Rs 120 crore order from Europe

Chennai, Feb 20 (UNI) Welspun Gujarat Stahl Rohren Limited (WGSRL), one of the largest SAW pipe companies in the world, has bagged prestigious pipeline orders worth Rs 120 crore for the supply of ERW line pipes in southern Europe.

The new order had taken Welspun's order book position to above Rs 4,659 crore.

In a release here today, Company Vice Chairman B K Goenka said this order had reinstated Welspun's position as a significant player in the competitive European market.

The Company had recently set up a USD 100 million manufacturing facility in Little Rock and Arkansas in the US, which would start commissioning from the spring of 2008, he added.

The Company enjoys distinction of supplying highest recognised 'X 80' grade and 56" outer diameter line pipes in the country.

WGSRL was prepared to meet the growing demand and was in a position to meet the stringent requirements and standards of high grade line pipes, the release added.

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