Diamond Power Infrastructure Limited has announced the receipt of a new order from Adani Electricity Mumbai Limited for the supply of cables. The contract is valued at ₹45.47 crore (inclusive of GST). This significant order marks a key development for the company, with execution slated to take place over a one-year period, starting from May 2026 and concluding in May 2027.
Strategic Order Win
Diamond Power Infrastructure Limited has successfully secured a new contract for the supply of cables from Adani Electricity Mumbai Limited. The total value of the order stands at ₹45,47,45,592, which includes all applicable taxes. This contract is a testament to the company’s manufacturing capabilities and its ongoing engagement with major utility providers in the country.
Execution Timeline and Project Scope
The project is scheduled for execution over a 12-month timeframe. Operations are set to commence in May 2026, with a completion deadline of May 2027. The company has clarified that this transaction is an independent commercial agreement and does not fall under the category of related party transactions, as neither the promoter group nor its affiliates hold any interest in the awarding entity.
Source: BSE
