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Welspun Corp secures orders worth Rs 1725 cr

Capital Market 

Welspun Corp has received multiple orders of approximately 164 KMT valuing close to Rs 1,725 Crore.

These include, reinstatement of an offshore sour pipes supply contract (270 km / 87 KMT) in Australia for the Barossa Offshore Development Project.

With these orders, the Company's order book stands at 525 KMT valued at approximately Rs 4,800 crore, after considering execution up to May 2021.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, June 08 2021. 20:48 IST