News

This win further reinforces company’s credibility and demonstrate its leading position in the USA market

The contract is for around 83,000 MT bare pipes with an option of coating exercisable by the project owner subsequently

The Consideration receivable from such sale/disposal is Rs 130 crore

The manufacturing facility is for Plastic Pipes and Water Storage Tanks

Execution of these orders will be during FY26

The Board of Directors of the Company at its meeting held on February 06, 2024 has, inter-alia, considered and approved the same

Total consolidated income of the company increased by 97.41% at Rs 4758.17 crore for Q3FY24

The main objective to incorporate a wholly-owned subsidiary is to serve as a SPV for holding shipyard assets

Execution of these orders will be during FY25 & FY26

This MoU will enhance the general understanding and knowledge of the transportation of hydrogen globally

These are the international standards for Ductile Iron pipes used for transportation of potable water

EPIC has signed a contract for the manufacturing and supply of large diameter Steel Pipes

These orders will be executed within next two months

The consideration received from such sale is Rs 0.95 crore

Nauyaan Shipyard (Nauyaan) has received the possession of immovable property at Dahej, Gujarat from the Liquidator

The contract is valued at SAR 324 million including value added tax

The production capacity of this plant will be 350,000 MT/Annum

With addition of these new orders, value of the company’s consolidated order book stands at around Rs 18,000 crore

With addition of these new orders, the company’s consolidated order book stands at around Rs 20,000 crore

The project will be funded through a combination of debt and equity

The contract is for supply of approximately 61,000 MT bare pipes and bends which will be used for offshore production and transport of gas

This order is for supply of 785 miles (1,256 KM) or 100,000 MT (approximately) of High Frequency Induction Welding pipes

Nauyaan presently does not have any material assets or liabilities

The company has received a total score of 57 out of 100, showing a significant improvement of 16 points over the last year

The trial production for DI pipes has also started and the facility has recently received BIS certification

Execution of these orders will mostly be during FY25

The project is likely to be implemented over the next three fiscal years

The company’s decision will strengthen Telangana government’s goal of expanding IT to tier 2 and 3 cities

The company has received the Certificate of Incorporation issued by Registradores de Espana

The company has signed first multiple contracts with NEOM with total value of around SAR 373 million inclusive of value added tax

This is a prestigious order for the manufacture and supply of 19,700 MT of pipes and 180 bends for transportation of gas

This will help with continuous supply of high-quality coke at a competitive cost to run the plant efficiently

The duration of the contracts is seven months

The execution of these orders will be during FY25 and FY26