Welspun Corp Associate Wins ₹2,000 Crore Aramco Contract

Welspun Corp's associate company East Pipes Integrated Company for Industry (EPIC) has secured a significant contract from Saudi Arabian Oil Company, also known as Saudi Aramco. The contract is valued at approximately ₹2,000 crore including value-added tax, and involves the manufacture and supply of steel pipes worth SAR 771 million.

The contract will be executed over six months, with Welspun Corp expecting the financial impact to be reflected from Q4 FY2026-27 through Q1 FY2027-28. This development adds to the group's exposure to Saudi Arabia's energy infrastructure market and strengthens EPIC's position in the country.

EPIC is a listed entity in the Kingdom of Saudi Arabia, described by Welspun Corp as Saudi Arabia's leading manufacturer of Helical Submerged Arc Welded (HSAW) pipes. The company has a track record of executing large orders within scheduled timelines while maintaining quality standards.