Diamond Power Infrastructure Wins ₹57.58 Cr Cable Order from Rajesh Power Services
Diamond Power Infrastructure Limited has received a letter of intent from Rajesh Power Services Limited for supplying 11KV cables worth ₹57.58 crores. The order involves 11KV (E) 3C 300 sq mm XLPE Aluminum Armored Cable meeting UGVCL Robust 2.0 specifications. The execution period is from January 1, 2026 to June 30, 2026, with pricing on a per kilometer rate basis including a price variation formula. The company confirmed no related party interests in this transaction.

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Diamond Power Infrastructure Limited has secured a letter of intent from Rajesh Power Services Limited for the supply of 11KV cables worth ₹57.58 crores. The company announced this significant development through a regulatory filing.
Order Details and Specifications
The contract involves the supply of specialized electrical cables meeting stringent technical requirements. The key parameters of this order are presented below:
| Parameter | Details |
|---|---|
| Order Value | ₹57,58,40,000 (inclusive of GST) |
| Client | Rajesh Power Services Limited (EPC Contractor) |
| Product Type | 11KV (E) 3C 300 sq mm XLPE Aluminum Armored Cable |
| Specification | UGVCL Robust 2.0 specification |
| Execution Period | January 1, 2026 to June 30, 2026 |
| Pricing Structure | Per kilometer rate basis with PV Formula |
Contract Structure and Timeline
The purchase order has been structured on a per-kilometer rate basis incorporating a price variation formula, providing flexibility for material cost fluctuations during the execution period. The six-month execution timeline from January to June 2026 indicates a substantial cable supply requirement that will contribute to the company's revenue in the fiscal year 2026-2027.
Regulatory Compliance and Transparency
Diamond Power Infrastructure has confirmed that this transaction does not involve any related party interests. The company specifically disclosed that none of the promoters, promoter group, or group companies have any interest in Rajesh Power Services Limited, ensuring arm's length transaction principles. This order also falls outside the ambit of related party transactions as per regulatory definitions.
Business Impact
This substantial order represents a significant business development for Diamond Power Infrastructure Limited, demonstrating the company's capability to secure large-scale cable supply contracts from established EPC contractors. The specialized nature of the cables, conforming to UGVCL Robust 2.0 specifications, highlights the company's technical expertise in manufacturing high-quality electrical infrastructure products.
The order value of ₹57.58 crores, inclusive of GST, positions this contract as a material development for the company's business operations and revenue prospects for the execution period spanning the first half of 2026.
Historical Stock Returns for Diamond Power Infrastructure
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.42% | -1.31% | -7.38% | +37.83% | -14.74% | +1,39,770.00% |










































