MUMBAI, Jan 31:Cords Cable Industries Limited said on Friday that company was awarded a prestigious order estimated at approximately Rs 22 crores (gross of GST) from an Indian arm of a Taiwan based Engineering, Procurement and Construction services major.
The order was for the supply of Instrument Cables & Wires to an LNG Project in the state of Odisha and is scheduled to be executed by April 30, 2020, company said in a filing with BSE.
The order from an international entities’ Indian arm showcases the strong brand equity enjoyed by the company in the Wires & Cables industry, domestically as well as internationally. This demonstrates that CORDS has been able to carve a niche for itself in the specialized cables segment which have applications in various industries viz. Metro, Freight Corridors, Hydrocarbons, LNG, Fertilizer plants, etc.
(UNI)
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