Mumbai, Mar 20: Haryana-based high-quality steel tubes and pipes maker, Vibhor Steel Tubes Ltd (VSTL), has received Rs 16.87 crore order for supply of fabricated and galvanised towers from Agrawal Infracab, a leading manufacturer of cables and conductors for overhead power transmission and distribution lines across the country.
Fab and gal towers are typically used for infrastructural purposes requiring high strength, durability, and corrosion resistance.
Commenting on the development, Mr Vijay Kaushik, Chairman and Executive Director, Vibhor Steel Tubes, said,
“We have been witnessing a buoyant demand for value added steel products backed by a steady growth in infrastructure projects across the country. This order is a testament of our strong manufacturing capabilities and our commitment to deliver high-quality fabricated and galvanised steel towers reinforcing our position as a trusted partner in the fast-growing infrastructure and power transmission sectors. We have seen a healthy growth in our order book this year and we are confident of sustaining the growth momentum moving forward.”
In June this year, VSTL commissioned its 1.56 lakh MT greenfield project in Odisha and subsequently commenced supply of crash barriers, power transmission line towers, Electric Resistance Welded (ERW) and Galvanised (GI) pipes produced at the unit. The plant, which entailed a total investment of Rs 119.83 crore, offers several value-added steel products such as power transmission line towers, crash barriers, high mast lighting poles, octagonal poles and monopoles.
With the new capacity commissioned, the company’s total capacity has increased to 377,000 MTPA, located across its three plants in Maharashtra, Telangana and Odisha.
The company manufactures steel products such as electric resistance welded pipes, hot-dipped galvanized pipes, hollow section pipes and primer painted pipes among others. VSTL, which has a contract manufacturing agreement with Jindal Pipes to manufacture and supply finished goods under the brand name Jindal Star, currently sees over 80% of its total turnover coming from this one segment.
