Welspun Corp Limited’s associate, East Pipes Integrated Company for Industry (EPIC), a premier producer of HSAW Pipes in Saudi Arabia, secured a contract of approximately ₹133 crore from Maramer Contracting Company. The deal entails the production, coating, and delivery of steel pipes over a six-month period.
The financial effects of this deal will be apparent in the second and third quarters of the fiscal year 2024/2025. EPIC stands as the top manufacturer of helical submerged arc welded (HSAW) pipes in Saudi Arabia.
As reported by EQUITYBULLS, with its advanced manufacturing capabilities and a proven history in handling large-scale projects, EPIC’s dedication to quality and customer satisfaction continues to strengthen its position. This enables the company to consistently win new contracts in sectors such as Water and Oil & Gas, further supporting Saudi Arabia’s Vision 2030 strategic goals.
