Venus Pipes & Tubes, a leading Indian manufacturer and exporter of stainless-steel pipes and tubes, has received a Letter of Intent (LoI) worth approximately ₹190 crore from a prominent integrated power plant equipment manufacturer in India. The LoI is for the supply of stainless steel seamless boiler tubes, which are critical components in supercritical and subcritical thermal power projects nationwide.
The formal purchase order is expected shortly, with project execution scheduled over the next 12 to 15 months. This development underscores Venus Pipes’ expanding role in India’s energy infrastructure, especially in the growing thermal power sector.
The company serves both domestic and international markets, offering a diverse portfolio across two main categories: seamless and welded tubes/pipes. Its product range includes:
Stainless steel high precision & heat exchanger tubes
Stainless steel hydraulic & instrumentation tubes
Stainless steel seamless pipes
Stainless steel welded pipes
Stainless steel longitudinal submerged arc welded (LSAW) pipes
This latest order further strengthens Venus Pipes’ position as a trusted supplier of critical components for industrial and power plant applications.
News by Rahul Yelligetti.