Diamond Power Infrastructure Limited has announced the receipt of a new order from Adani Green Energy Limited. The contract, valued at ₹19.57 crore (inclusive of GST), involves the supply of cables. This development highlights the company’s ongoing efforts to strengthen its order book through strategic partnerships within the energy sector. Execution of the order is scheduled to be completed within a short timeframe of 15 days from the issuance of the letter of intent.
Strategic Order from Adani Green Energy
Diamond Power Infrastructure Limited has successfully secured a fresh contract for the supply of high-quality cables. The order was awarded by Adani Green Energy Limited, a prominent player in the renewable energy sector. The total value of the contract is ₹19,57,11,313, covering all applicable taxes including GST.
Project Execution and Timeline
The company has confirmed that the order is a domestic project. With a focus on operational efficiency, the delivery schedule for these cables is set to be completed within 15 days of the receipt of the letter of intent. This rapid turnaround time underscores the company’s manufacturing readiness and commitment to supporting critical infrastructure projects.
Operational Outlook
This contract further diversifies the company’s client portfolio and adds to its revenue visibility for the current fiscal period. Management has clarified that the transaction is an arm’s length deal and does not involve any related party interests, ensuring transparent business practices as the company continues to scale its operations.
Source: BSE
