Man Industries India Ltd. recently said it, along with its recently acquired Saudi subsidiary National Pipe Company Ltd (NPC), has secured new orders worth approximately ₹1,000 crore for the supply of coated pipes and related pipeline solutions.
The orders have been placed by domestic and international customers operating in the oil and gas and water transmission sectors, the company said in a regulatory filing.
According to the company, the total order value includes ₹700 crore for NPC and ₹300 crore for Man Industries (India) Ltd. The contracts cover coated line pipes and associated pipeline solutions.
The company added that the orders are expected to be executed over a period of six to nine months.
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