Wednesday, 29 July 2026

Indian corporate news, decoded into deal flow

NSE LIVE
NIFTY 50 — INDIA VIX —
as of —
MARKETS
DEAL FLOW
Tata Capital Q1 Results: PAT Soars… ▲ Results Details BlueStone Jewellery and Lifestyle Reports Strong… ▲ Results Details Pace Digitek Subsidiary Crosses 300 BESS… ▲ Capex & Future Plans Netweb Technologies India Limited Reports Record… ▲ Results Details Tips Music Limited Reports 21% Revenue… ▲ Results Details The Grob Tea Completes ₹72.16 Crore… ▲ MERGERS & ACQUISITIONS Aurionpro Solutions Q1 FY27 Results: Revenue… ▲ Results Details
Home / Order Book / Diamond Power Infrastructure (DICABS) Bags ₹747.64 Crore Mega Order from Adani Green Energy
OB · Order Book

Diamond Power Infrastructure (DICABS) Bags ₹747.64 Crore Mega Order from Adani Green Energy

BY ADMIN • FILED 05 Dec 2025, 9:18 AM
Diamond Power Infrastructure (DICABS) Bags ₹747.64 Crore Mega Order from Adani Green Energy

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.