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Welspun Corp's associate company, EPIC, secures a Rs 2,000 crore contract from Aramco for steel pipe manufacturing

(20-Sep-26   21:56)

Welspun Corp Limited announced that its associate company, East Pipes Integrated Company (EPIC), a listed entity in the Kingdom of Saudi Arabia, has secured a contract with Saudi Arabian Oil Co. (Aramco) valued at exceeding 771 million SAR (approximately Rs 2,000 Crore), including value-added tax, for the manufacturing and supply of steel pipes. The contract, spanning six months, will see its financial impact reflected from Q4 FY2026-27 through Q1 FY27-28, and underscores EPIC's position as a leading HSAW pipe manufacturer supporting Saudi Arabia’s Vision 2030 objectives.