Diamond Power Infra Receives LOI for ₹66.18 Crore Power Cable Supply Order
Diamond Power Infrastructure Limited received a Letter of Intent from Hild Projects Private Limited for supplying power cables worth ₹66.18 Crore (exclusive of GST). The order is to be executed between January 1, 2026, and June 30, 2026.
The order value is substantial and will contribute to the company's revenue, but it is not a transformative event for the company's overall financial standing.
The company has received a significant new order, which is a positive development for its business.
Diamond Power Infrastructure Limited has announced the receipt of a Letter of Intent (LOI) from Hild Projects Private Limited, an EPC Contractor. The LOI is for the supply of power cables, with a value of ₹66,18,25,690 (Rupees Sixty-Six Crores Eighteen Lakhs Twenty-five Thousand Six Hundred Ninety only), exclusive of GST.
The order is from a domestic entity and is to be executed between January 1, 2026, and June 30, 2026. The nature of the contract is on a "Kms rate basis with PV Formulae". The company has confirmed that its promoters, promoter group, or group companies do not have any interest in Hild Projects Private Limited, and the contract does not fall under related party transactions.
This development signifies new business for Diamond Power Infrastructure Limited in the power cable supply sector.
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.