Diamond Power Infra Secures ₹61 Crore Order for 33 kV XLPE Cables
Diamond Power Infrastructure received a ₹61.03 crore order for 250 km of 33 kV HT XLPE cables from Purvanchal Vidyut Vitran Nigam Limited. Deliveries are scheduled between September 2026 and January 2027, with completion by January 2027.
The order value of ₹61.03 crore is substantial and will contribute to the company's top line, impacting its financial performance.
The company has secured a significant new order, which is generally positive for its business prospects and revenue generation.
Diamond Power Infrastructure Limited has announced the receipt of a Letter of Intent (LOI) from Purvanchal Vidyut Vitran Nigam Limited (PuVVNL), a distribution company of Uttar Pradesh Power Corporation Limited (UPPCL). The LOI is for the supply of 33 kV HT XLPE cables, specifically 3C x 300 sq. mm size, with an ordered quantity of 250 km.
The contract value is ₹61,03,55,000 (Rupees Sixty-One Crore Three Lakh Fifty-Five Thousand only), inclusive of GST at 18%. The value excluding GST is ₹51,72,50,000. The price is variable as per IEEMA, with a base date of 01.02.2026, and GST is extra at actuals. The delivery is scheduled to three distribution companies: MVVNL (150 km), DVVNL (30 km), and PVVNL (70 km).
The execution period for this order is by January 2027, with scheduled deliveries from September 2026 to January 2027. The LOI was issued on 12 August 2026. The company will provide a guarantee of 36 months from commissioning or 42 months from dispatch, whichever is earlier, and a security deposit of 10% of the order value. Payment terms include 30 days after receipt of invoice. The company has confirmed that its promoters or group companies have no interest in PuVVNL, and it is not considered a related party transaction as PuVVNL is a state government-owned utility.
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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.