Diamond Power Infrastructure Limited has informed the Exchange about Bagging/Receiving of orders/contracts
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Diamond Power Infrastructure Limited has received a Letter of Intent from Adani Power Limited for the supply of power and control cables for the Raipur Ph-II Thermal Power Projects in Chhattisgarh. The order is valued at Rs. 43,26,10,349 (approximately Rs. 43.26 crore), inclusive of GST. The scope includes design, engineering, manufacturing, inspection, testing, packing, forwarding, transit insurance, and transportation. This is a domestic order and does not involve any related party transaction. The execution deadline is July 31, 2026.
The order from Adani Power, a major power sector player, represents a meaningful contract win for Diamond Power. While the exact impact depends on the company's total revenue, a Rs. 43.26 crore order is likely material for a company of this size, potentially providing revenue visibility through mid-2026.