Prime Cable Industries Secures Order for LT Cables from Reputed State Discom
Prime Cable Industries Limited has secured a significant purchase order for the supply of Low Tension (LT) Cables from a Reputed State Discom. The contract, which totals ₹8,48,42,000, confirms the company's standing in the cable manufacturing sector.The order involves supplying 200 KM LT Cables to a Domestic Entity. This agreement represents a substantial business development milestone for Prime Cable Industries Limited.
Key details regarding the contract include:
| Particular | Detail |
|---|---|
| Order Awarding Entity | Reputed State Discom |
| Product Supplied | 200 KM LT Cables |
| Order Value | ₹8,48,42,000 (inclusive of GST) |
| Execution Timeline | 4 Months |
| Order Origin | Domestic Entity |
The contract terms confirmed that neither the promoter group nor any associated entities have an interest in the awarding entity, and the transaction does not fall under related party dealings.
Prime Cable Industries Limited is poised to execute this order within a four-month timeframe, strengthening its position as a supplier of specialized cables in the market.
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