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Pipe maker Man Industries (India) has got orders worth about Rs 550 crore from domestic and international customers for supply of pipes for oil and gas projects.
With the new orders, the outstanding order book as on date stands at Rs 1,600 crore, a statement from the company said.
Man Industries said it also has outstanding bids over $2 billion at various stages of evaluation for several other oil, gas and water projects in India and abroad.
The company has also begun the process of upgrading its Pithampur plant to produce very large diameter pipes (up to 130 inch) to cater to the upcoming mega drinking water supply, river linking and irrigation projects in Madhya Pradesh, Rajasthan and Uttar Pradesh. The work is expected to be completed by December 2014.
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