In a major boost to its order book, Diamond Power Infrastructure Limited (NSE: DIACABS, BSE: 522163) announced on December 4, 2025, that it has received a Letter of Intent (LoI) from Adani Green Energy Limited for the supply of power cables worth ₹747.64 crore (exclusive of GST).
Key Highlights of the Order:
- Total Value: ₹747,64,01,400/- (Rupees Seven Hundred Forty-Seven Crore Sixty-Four Lakh Only), excluding GST
- Scope of Supply:
- 2,126 km of 33 kV High Voltage (HV) Cables
- 3,539 km of 3.3 kV Solar Medium Voltage (MV) Cables
- Projects: Khavda (Gujarat) and Rajasthan renewable energy projects of Adani Green
- Execution Timeline: January 2026 to December 2026
- Pricing Mechanism: Awarded on “Kilometer rate basis with Price Variation (PV) Formula”
- Nature: Domestic order, not a related-party transaction
This single order is one of the largest cable supply contracts secured by Diamond Power in recent times and significantly strengthens its visibility for FY27 revenue.
