Welspun bags order of rs 1049 cr for supply of pipe lines
Mumbai, Jan 22 (UNI) Welspun Gujarat Stahl Rohren Limited, a flagship company of the USD one billion Welspun Group of India, has bagged prestigious orders worth Rs 1049 Crores (USD 235 mn) for the supply of pipe lines for critical Oil and Gas Applications.
These orders take Welspun's order book position to over Rs 3500 Crore (USD 785 million) including the orders executed in 2007. These orders have enabled Welspun to be booked for over 1 year. The new overseas order is an evidence of Welspun's unique dominance of the burgeoning international market having huge potential.
In
a
statement
here
today,
Welspun
Group-
Vice
Chairman&MD,
Mr
B
K
Goenka
said,''To
have
such
a
privileged
positioning
globally
is
a
sign
of
honor
for
Welspun
and
we
look
forward
to
a
successful
and
mutually
beneficial
relationship
in
the
years
to
come.
These
significant
orders
of
considerable
value
from
reputed
international
players,
is
a
matter
of
pride
for
Indian
company
and
we
owe
these
to
our
credo
of
Engineering
Excellence.''
UNI
AR
PM
SKB1600