Man Industries, a steel line pipe provider for oil and gas and water distribution sectors, has received orders of Rs 490 crore. The orders, from both domestic and international clients, scheduled for delivery in the next 6 months takes the company’s order book to approx. Rs 2,600 crores, of which, almost Rs 1,800 crores comprise of export orders. Rs 1,970 crores worth of orders are from four orders the company received since the start of CY 2024.
Nikhil Mansukhani, MD, Man Industries, said, “We expect this momentum to continue this year. These projects are also testament to the prowess of Man Industries and our cutting-edge technological capabilities.”
The orders are for multiple grades of steel pipes from both overseas and domestic projects in of oil & gas and water transport projects.
Notably, Man Industries’ recent venture into specialized hydrogen transportation pipelines has opened doors to the futuristic and large renewable energy market, furthering the company’s commitment to zero-emission and energy independence projects worldwide. The company is announced as one of the first mills to be qualified for hydrogen transportation pipes in India and is accredited by reputed European testing agency.
Man Industries is now CE certified, which ensures that products meet stringent safety and quality standards mandated by the European Union. Further, the company has received approval of coating mill at Anjar against shell design and engineering practices (DEPs) and PTT approval for concrete weight coating which demonstrates quality standard compliances, reduce risk, and optimize performance. The company is happy to share that, now it is an ESG compliant company, reaffirming its commitment to environmental, social, and governance principles. The credit rating for the company got upgraded to A/Stable by CRISIL.
