Diamond Power Infrastructure Secures ₹19.57 Crore Cable Supply Order from Adani Green Energy

1 min read     Updated on 06 Apr 2026, 05:03 PM
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Diamond Power Infrastructure Limited received a Letter of Intent from Adani Green Energy Limited for cable supply worth ₹19,57,11,313 inclusive of GST. The contract requires completion within 15 days and represents a significant domestic renewable energy infrastructure opportunity with no related party transaction implications.

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Diamond Power Infrastructure has secured a significant cable supply contract from Adani Green Energy Limited, as disclosed in its regulatory filing under SEBI Regulation 30. The company received a Letter of Intent for cable supply worth ₹19.57 crore, marking another milestone in its renewable energy infrastructure business.

Order Details and Specifications

The contract specifications highlight the urgency and scale of the renewable energy project:

Parameter: Details
Contract Value: ₹19,57,11,313 (inclusive GST)
Client: Adani Green Energy Limited
Product Type: Cable Supply
Completion Timeline: Within 15 days from Letter of Intent issuance
Contract Status: Letter of Intent Received
Entity Type: Domestic

Regulatory Compliance and Disclosure

Diamond Power Infrastructure filed the disclosure on April 6, 2026, through Company Secretary Diksha Sharma, ensuring compliance with SEBI listing regulations. The filing confirms that no promoter or group companies have any interest in Adani Green Energy Limited, and the transaction does not fall under related party transactions.

Project Timeline and Execution

The 15-day completion requirement from the Letter of Intent issuance indicates the critical nature of this cable supply for Adani Green Energy's ongoing renewable energy projects. This accelerated timeline demonstrates Diamond Power Infrastructure's capability to handle urgent infrastructure requirements in the green energy sector.

Business Significance

This order reinforces Diamond Power Infrastructure's position as a reliable supplier in the renewable energy infrastructure space. The partnership with Adani Green Energy Limited, one of India's leading renewable energy companies, could potentially lead to future collaboration opportunities in the expanding green energy market. The domestic nature of the contract aligns with the company's focus on India's growing renewable energy infrastructure needs.

Historical Stock Returns for Diamond Power Infrastructure

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Will this partnership with Adani Green Energy lead to a long-term supply agreement or additional contracts in their renewable energy pipeline?

How might Diamond Power Infrastructure's proven ability to meet urgent 15-day delivery timelines position them for similar fast-track renewable energy projects?

Could this contract signal Diamond Power Infrastructure's expansion into specialized cable solutions for solar or wind energy projects?

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Diamond Power Infrastructure Gets Rs 43.26 Crore Order from Adani Power Limited

1 min read     Updated on 06 Apr 2026, 02:37 PM
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Diamond Power Infrastructure Limited has received a Letter of Intent worth Rs. 43.26 crores from Adani Power Limited for supplying power and control cables to the Raipur Ph-II Thermal Power Projects in Chhattisgarh. The comprehensive contract covers design, engineering, manufacturing, testing, and delivery services with completion scheduled by July 31, 2026, strengthening the company's position in the power infrastructure sector.

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Diamond Power Infrastructure Limited has secured a substantial order from Adani Power Limited, marking a significant business development for the cable manufacturing company. The Letter of Intent, disclosed under SEBI regulations, represents a major contract win in the power infrastructure sector with execution scheduled by July 31, 2026.

Order Details and Scope

The comprehensive order encompasses multiple aspects of cable supply and services for Adani Power's thermal power project. The contract includes design, engineering, manufacturing, inspection and testing at manufacturer's works, packing and forwarding, transit insurance, transportation and supply of various sizes of power and control cables.

Parameter: Details
Client: Adani Power Limited
Project Location: Raipur Ph-II Thermal Power Projects, Chhattisgarh
Order Value: Rs. 43,26,10,349 (inclusive GST)
Completion Timeline: July 31, 2026
Nature: Domestic supply contract

Contract Specifications

The order specifically covers the supply of various sizes of power and control cables for the Raipur Ph-II Thermal Power Projects located in Chhattisgarh. This domestic contract represents a significant addition to Diamond Power Infrastructure's order book, with the company responsible for the complete supply chain from manufacturing to final delivery.

Regulatory Compliance

The company has confirmed that the order does not fall under related party transactions and that no promoter, promoter group, or group companies have any interest in Adani Power Limited. This ensures the transaction maintains arm's length commercial terms and complies with corporate governance requirements.

Business Impact

The Rs. 43.26 crore order strengthens Diamond Power Infrastructure's position in the power cable supply sector. With a completion timeline extending to July 2026, the contract provides revenue visibility and demonstrates the company's capability to handle large-scale thermal power project requirements. The comprehensive scope of services, from design to delivery, showcases the company's integrated manufacturing and supply capabilities.

Historical Stock Returns for Diamond Power Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+0.37%+7.09%-0.83%-6.23%+46.16%+1,91,614.28%

How might this major contract win impact Diamond Power Infrastructure's capacity to bid for other large-scale power projects in the coming quarters?

What potential risks could affect the July 2026 completion timeline, given the current challenges in India's power infrastructure sector?

Could this partnership with Adani Power lead to additional contracts for Diamond Power Infrastructure across other Adani Group thermal power projects?

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