Venus Pipes & Tubes Limited, a leading manufacturer and exporter of stainless steel pipes and tubes in India, has received a Letter of Intent (LOI) worth approximately Rs190 crore (excluding GST) from one of India’s top integrated power plant equipment manufacturers. The LOI pertains to the supply of stainless steel seamless boiler tubes for a series of Supercritical and Subcritical Thermal Power Projects across the country.

The formal purchase order is expected to be issued shortly, with execution scheduled over the next 12–15 months.

Expressing his views on this development, Mr. Arun Kothari, Managing Director of Venus Pipes & Tubes Ltd, said:

“We are pleased to announce this significant order, which highlights the strong trust placed in our manufacturing capabilities and the enduring relationships we’ve built with our clients. Supplying stainless steel seamless boiler tubes for such large-scale thermal power projects not only reaffirms our technical strength but also enhances our position as a prominent player in India’s stainless steel industry.”

He added, “This achievement reflects our growing ability to secure and execute high-value projects. With continued investments in our workforce, advanced infrastructure, and a clear focus on expanding our portfolio with value-added products, we are well-positioned to capitalize on more such opportunities. We remain committed to innovation, quality, and delivering value to our customers as we drive forward on our growth path.”