Welspun Corp associate company East Pipes Integrated Company for Industry (EPIC), Saudi Arabia’s leading manufacturer of HSAW pipes, announced the signing of multiple contracts with EPC contractors totalling more than SAR 235 million (approx. Rs 525 crore) for steel pipe manufacturing, supply and coating. The duration of the contract is 24 months.
As per the filing, the compy shared that the contract’s financial effect will be reflected from the Q4 of the fiscal year 2024/2025 to the Q3 of the financial year 2026/2027.
The statement further reads, “EPIC is Saudi Arabia’s leading manufacturer of Helical Submerged Arc Welded (HSAW) pipes. Its fully integrated manufacturing facilities with impeccable track record of execution of mega orders in time & Quality with customer centric approach, positions them as a most preferred supplier in the KSA market and continue to pioneer in supporting KSA’s strategic objectives under the Vision 2030.”