Diamond Power Infrastructure Secures ₹93.08 Crore Power Cables Order from KPI Green Energy
Diamond Power Infrastructure Limited has received a Letter of Intent worth ₹93.08 crores from KPI Green Energy Limited for supply of power cables, to be executed by June 30, 2026. The company made regulatory disclosures to BSE and NSE under SEBI regulations, confirming this domestic contract has no related party transaction implications and is structured on kilometers rate basis with price variation formulae.

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Diamond Power Infrastructure has secured a significant order from KPI Green Energy Limited, marking an important milestone in its business operations. The company announced receiving a Letter of Intent for a substantial power cables project and made the disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Order Details
The Letter of Intent encompasses a comprehensive power cables order with specific implementation requirements:
| Parameter: | Details |
|---|---|
| Order Value: | ₹93.08 crores (inclusive of GST) |
| Exact Amount: | ₹93,08,17,689 |
| Client: | KPI Green Energy Limited, EPC Contractor |
| Product Type: | Power Cables |
| Implementation Deadline: | June 30, 2026 |
| Document Type: | Letter of Intent |
| Nature of Contract: | Kms rate basis with PV Formulae |
Regulatory Compliance
Diamond Power Infrastructure has fulfilled its regulatory obligations by disclosing this material information to both BSE Limited (Scrip Code: 522163) and National Stock Exchange of India Limited (Scrip Symbol: DIACABS). The disclosure was made pursuant to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.
Transaction Details
The order represents a domestic contract with no related party transaction implications. The company has confirmed that none of the promoter, promoter group, or group companies have any interest in KPI Green Energy Limited. The contract is structured on a kilometers rate basis with price variation formulae, providing a framework for systematic execution.
Business Impact
This order represents a significant addition to Diamond Power Infrastructure's order book, demonstrating the company's capability to secure substantial contracts in the power infrastructure sector. The engagement with KPI Green Energy Limited, a prominent EPC contractor in the renewable energy space, highlights Diamond Power Infrastructure's positioning in serving the growing clean energy market.
The Letter of Intent provides a foundation for the formal contract execution and establishes the framework for the business relationship between the two companies. With the extended implementation timeline extending to June 30, 2026, Diamond Power Infrastructure has sufficient time to plan and execute the project efficiently while maintaining quality standards.
Historical Stock Returns for Diamond Power Infrastructure
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.83% | +1.33% | +13.85% | -4.04% | +47.84% | +2,00,600.00% |


































