Financial Daily from THE HINDU group of publications
Friday, Jun 18, 2004

Cross Currency

Group Sites

Corporate - Announcements

Welspun Gujarat bags Rs 407-cr Libyan order

Our Bureau

Mumbai , June 17

SUBMERGED arc-welded (SAW) pipes manufacturer, Welspun Gujarat Stahl Rohren, on Thursday said it has bagged an export order worth Rs 407 crore for supplying pipes to the El Sharara-Mellitah onshore pipeline in Libya.

Export orders would be worth roughly Rs 550 crore out of the total Rs 750-crore-worth orders held by the company, a senior company official said.

Welspun hopes to "scale up" its export performance further.

In India, it had recently bagged an order worth Rs 136 crore for ONGC's Mumbai-Uran Trunk pipeline.

Welspun would have to supply 30-inch pipes of 400 km length of 14.30 mm and 11.30 mm thickness, by January 2005. The order was placed by the AGIP Oil Company Ltd, a news release said.

More Stories on : Announcements | Steel

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Welspun Gujarat bags Rs 407-cr Libyan order

BILT plans to increase farm forestry coverage programme
Bata assures shareholders on revamp plan — Batanagar model township work to begin by November
Paranjape Constructions to spread wings abroad
BHEL bags RUVNL Dholpur power project
EIL plans to bid for Delhi, Mumbai airports
Coal India to discontinue selling directly to non-core sectors
NBFAL bags `Clean' award
CESC plans to retire part of debt to bring down interest costs
Sterlite keen on acquiring residual Govt stake in Balco
Hewitt Associates merges with Exult
Kakinada to get bio-diesel plant
IMG Academies unveils master plan for sports complex
Ramco Industries to set up Rs 17-cr fibre cement sheet unit in Kutch — Net profit up 30 pc; to pay 75 pc final
Sneha Media ties up with TV9 for news content
Jagsonpal Pharma announces 3:1 bonus
Coking coal crunch shrinks SAIL sales

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line