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Welspun Secures ₹5,500 Crore Order for US Permian Natural Gas Pipeline Project

Rahul VermaSource: thehindubusinessline.com

Friday, October 23, 2026Updated 2d ago

Welspun Secures ₹5,500 Crore Order for US Permian Natural Gas Pipeline ProjectSource: thehindubusinessline.com

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Welspun Tubular LLC has secured a ₹5,500 crore order to supply coated line pipes for a Permian natural gas pipeline project in the US. The pipeline will serve a major data centre complex owned by a leading hyperscaler. The project, valued at approximately $5.25 billion, will be executed from Welspun's US facility during FY29.

Swiggy’s quick-commerce platform Instamart reported a widening loss of ₹895 crore for the July-September quarter, despite a 34.8 percent jump in order value to ₹6,594 crore. In contrast, rival Blinkit posted a profit of ₹184 crore with more than triple the order value and a store network twice the size. To narrow this gap and boost profitability, Swiggy is shifting to an inventory-owning model and introducing private label brands.

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Welspun Secures ₹5,500 Crore Order for US Permian Natural Gas Pipeline Project

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