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.

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.

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.