Hi-Tech Pipes announced the successful procurement of orders totaling ₹105 crore (inclusive of GST) for supplying ERW steel pipes to leading customers in the renewable energy sector. These significant contracts highlight the growing demand for sustainable energy solutions and emphasize the company’s commitment to supporting this vital industry.
The orders will be fulfilled from Hi-Tech Pipes’ new state-of-the-art manufacturing facility located in Sanand Unit II Phase I over the next three months. This advanced facility, featuring cutting-edge technology and efficient production processes, is prepared to deliver high-quality steel pipes that adhere to the rigorous standards of the renewable energy sector.
The steel pipes will be utilized in various renewable energy applications, including wind farms, solar installations, and other green energy projects. Hi-Tech Pipes remains dedicated to providing products that meet and exceed industry standards, ensuring durability and performance in demanding environments.
Mr. Ajay Kumar Bansal, Chairman of Hi-Tech Pipes Ltd, remarked on the development: “Hi-Tech Pipes is thrilled to be selected as a preferred supplier of ERW steel pipes for such a crucial sector. The Sanand unit signifies a major investment in both the company’s capabilities and its commitment to sustainability. These contracts not only demonstrate the confidence clients have in Hi-Tech Pipes but also underscore its role in advancing renewable energy infrastructure.”
With this new contract, Hi-Tech Pipes continues to strengthen its position as a leader in the steel pipe manufacturing industry and a key player in the transition to renewable energy.