Diamond Power Infrastructure Limited has announced receiving a letter of intent from Adani Electricity Mumbai Limited for a significant cable supply order worth Rs. 100.54 crores. The company disclosed this development to stock exchanges under Regulation 30 of SEBI listing regulations on April 6, 2026.

Order Details and Specifications

The order encompasses the supply of assorted sizes of HT (High Tension) cables to Adani Electricity Mumbai Limited. The contract value stands at Rs. 100,54,10,858 inclusive of GST, representing a substantial business opportunity for the infrastructure company.

Execution Timeline and Scope

The cable supply order is scheduled for execution over a period of approximately 11 months, commencing from April 2026 and concluding by February 2027. This timeline provides Diamond Power Infrastructure with a structured delivery schedule for the comprehensive cable supply requirements.

Regulatory Compliance and Disclosures

In compliance with SEBI regulations, Diamond Power Infrastructure confirmed several key aspects of the order:

• The contract does not fall under related party transactions
• No promoter, promoter group, or group companies have any interest in Adani Electricity Mumbai Limited
• The order has been awarded by a domestic entity
• All transactions will be conducted at arm's length

Business Impact

This order represents a significant business development for Diamond Power Infrastructure Limited, strengthening its position in the power infrastructure sector. The contract with Adani Electricity Mumbai Limited demonstrates the company's capability to secure substantial orders from major industry players in the domestic market.

The company secretary Diksha Sharma signed the regulatory disclosure, ensuring compliance with SEBI listing obligations and maintaining transparency with stakeholders regarding this material business development.

Diamond Power Infrastructure has secured a major contract from Gujarat Energy Transmission Corporation Limited (GETCO) for supply of 66 kV Extra High Voltage (EHV) cables. The company announced receiving a Letter of Intent worth ₹60.53 crore, marking what the management describes as a "major milestone" and "breakthrough achievement" in the transmission segment.

Contract Specifications

The comprehensive order details demonstrate the scale and significance of this transmission infrastructure project:

Strategic Market Position

This order represents one of the largest single EHV cable orders received by Diamond Power Infrastructure and significantly strengthens its position in the high-voltage cable segment. The company has demonstrated robust execution capabilities, having received and successfully executed over 90 km of 66 kV and 110 kV EHV cable orders in the last six months.

The EHV cable industry operates as a highly specialized segment with significant entry barriers, including requirements for advanced manufacturing capabilities, stringent type testing compliance, and long approval cycles by utilities. Diamond Power Infrastructure's state-of-the-art manufacturing infrastructure and NABL-approved testing facilities capable of testing up to 700 kV position it among the select group of qualified manufacturers in this "closed club" industry.

Enhanced Order Book Position

With this latest contract award, Diamond Power Infrastructure's total outstanding order book stands at over ₹3,500 crore, providing strong revenue visibility for upcoming periods. The order is expected to significantly contribute to revenue visibility and profitability over the execution period.

Management Perspective

Commenting on the development, Mr. Umesh Chayya, Senior President, Sales & Marketing, stated: "We are delighted to receive this prestigious order from GETCO. This reinforces our technological strength and execution capability in the EHV cable segment. The scale of this order is a testament to the trust placed in DPIL and marks a significant step forward in our growth journey."

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing both stock exchanges about this contract award. The disclosure confirms that no promoter, promoter group, or group companies have any interest in GETCO, and the contract does not fall under related party transactions.