CMI has been awarded an order worth Rs 36.24 crore by Gujarat Energy Transmission Corporation (GETCO) for supply of 66KV XLPE cables. The order is revenue accretive and will be delivered within two quarters of 2017-18.
CMI recently started commercial production at its newly acquired facility at Baddi, Himachal Pradesh, which was a subsidiary of General Cable Corporation, a Fortune 500 company. The cables for the new order will also be manufactured at the new facility.
CMI is a supplier of cable accessories, cables, conductor cables, electric cable accessories, equipment, and machinery.