Welspun Corp wins ₹5,500 crore US gas pipeline order for Anchor project
What happened
Welspun Tubular LLC, a subsidiary of Welspun Corp Limited, secured an order worth approximately ₹5,500 crore from a major midstream company. The contract requires the supply of coated line pipes for a Permian Natural gas pipeline project. This pipeline will serve an Anchor customer, which is a data centre complex belonging to an A-Grade Hyper scaler. The order, scheduled for execution in 2028-29, raises Welspun Corp's global order book to a record USD 5.25 billion.
From livemint.com
Why it matters
The contract places Welspun Corp Limited at the intersection of energy transmission and AI-led data centre expansion infrastructure. This milestone significantly increases the company's total global order book.
Welspun Corp Limited is currently receiving large orders from its facility in India.
From livemint.com