Diamond Power Infrastructure Limited has received a letter of intent from Enrich Energy Private Limited for the supply of power cables worth ₹52.48 crore, inclusive of GST. This order is based on Kms rate basis with PV Formulae and is expected to be executed by May 2026. This new contract enhances Diamond Power’s revenue visibility in the power infrastructure sector.
New Supply Order
Diamond Power Infrastructure has been awarded a significant contract for the supply of power cables. The letter of intent (LOI) was received from Enrich Energy Private Limited.
Order Details
The total value of the order is ₹52,48,49,012 (Rupees Fifty-Two Crores Forty-Eight Lakhs Forty-Nine Thousand Twelve only), inclusive of GST.
Key Terms and Conditions
The order is based on a ‘Kms rate basis with PV Formulae’. The expected completion date for the execution of this order is May 2026.
Domestic Transaction
This contract is a domestic transaction, meaning both Diamond Power Infrastructure and Enrich Energy Private Limited are domestic entities. This order does not involve any related party transactions.
Source: BSE
