Diamond Power Infra Receives ₹43.26 Crore Order from Adani Power
Diamond Power Infrastructure Limited received a Letter of Intent from Adani Power for supplying Power & Control Cables for Raipur Ph-II Thermal Power Projects. The order value is ₹43.26 crore inclusive of GST and is to be executed by July 31, 2026.
The order value of ₹43.26 crore is substantial and will contribute to the company's revenue, but its overall impact depends on the company's total revenue and order book size.
The company has secured a significant new order, which is generally a positive development for its business and revenue prospects.
Diamond Power Infrastructure Limited has announced the receipt of a Letter of Intent from Adani Power Limited for the design, engineering, manufacturing, inspection, packing, forwarding, transit insurance, transportation, and supply of various sizes of Power & Control Cables. These cables are intended for the Raipur Ph-II Thermal Power Projects in Chhattisgarh.
The total value of this order is ₹43,26,10,349 (Rupees Forty-Three Crores Twenty-Six Lakhs Ten Thousand Three Hundred Forty-Nine only), inclusive of GST.
The execution of this contract is scheduled to be completed by July 31, 2026. The company confirmed that Adani Power Limited is a domestic entity and that none of the promoters, promoter group, or group companies of Diamond Power Infrastructure Limited have any interest in Adani Power Limited. Furthermore, the order does not fall under the scope of related party transactions.
What to do with a filing like this
Diamond Power Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Diamond Power Infrastructure Limited. Read the original for the full detail.