Jindal SAW Ltd. bags orders worth over Rs 1000 cr
Domestic orders bagged from GAIL, HPCL etc. & export orders from mid-east market
Tweet-- Jindal SAW Ltd., largest manufacturer of SAW pipes in the country, announces the receipt of Orders/ Letter of Award (the, LOA) aggregating to more than Rs 1000 crores (approx. USD 210 million) for supply of Large Diameter Pipes and Ductile Iron Pipes in domestic and export markets.
While domestic supply orders are from GAIL and, HPCL etc., the export orders are primarily from middle-eastern market. With these orders, the total order book of Jindal SAW Ltd. stands at app. US$ 750 million (approx. Rs. 3600 Crores). These orders are scheduled to be executed by March, 2010.
Notes to Editor
About Jindal SAW Ltd.:
Jindal SAW Ltd is a part of USD 10 billion Jindal Group, the fourth largest industrial house in India. The group also has the distinction of having global footprints. Today commanding a market leader position it is a global major providing Total Pipe Solutions to the ever-growing needs of the industry.
Jindal SAW Ltd. is the leading production hub of SAW Pipes primarily used for transportation of oil and gas. With integrated facilities at multiple locations Jindal SAW has diversified into a multi-product company, manufacturing large diameter Submerged Arc Welded pipes and spiral pipes and bends for energy transportation sector; Carbon, alloy and stainless steel Seamless tubes manufactured by conical piercing process for industrial application and Ductile Iron pipes for water and sewage transportation. Besides this Company provides value added products and services like anti-corrosion coatings for pipe and bends, induction bends and connector casings. ISO 9002, 14001, 18001 certification awarded bespeak of Company’ continued commitment to the welfare, safety and security of employees as well as the custodian of best business practices.