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MUMBAI: Paramount Communications has bagged orders worth Rs 5.5 crore from the Indian Railways and Rs 20 crore from public sector power companies. Its customers in the power sector are Bharat Heavy Electricals Ltd, National Thermal Power Corporation and Power Grid, said the company in a notice to the stock exchanges.

These orders will be executed within the next three or four months. The company's total order book position is currently in excess of Rs 40 crore. "Further, substantial orders are expected from the Indian Railways and the power sector in the coming months," the company said.

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