Specialty cable maker CMI Limited has been awarded orders worth more than Rs 30 crore from East Central Railways and BHEL (Bharat Heavy Electricals Ltd) to provide railway signalling cables and HT XPLE cables, respectively.
The order worth Rs 9.97 crores from BHEL to supply HT XPLE cables will be delivered within the next 4 months, while the order for the railway signalling cables for Rs 20.68 crores will be staggered over a period of 8 months. These orders are also revenue accretive and together with several other orders (received in May 2017), will add over Rs 151 crore to the