Diamond Power Infrastructure Secures Rs. 57 Crore Cable Order

Diamond Power Infrastructure Limited has informed the exchange about receiving a letter of intent from Rajesh Power Services Limited for a cable supply order. The order is valued at Rs. 57,58,40,000, inclusive of GST. The supply involves 11 KV (E) 3C 300 sq mm XLPE Aluminum Armored Cable, which must meet the UGVCL Robust 2.0 specification.

The contract specifies that the order will be executed from January 1, 2026, to June 30, 2026. The order is based on a “Kms rate basis with PV Formulae.” This transaction is with a domestic entity and does not fall under related party transactions. There is no interest from the promoter or promoter group in the entity awarding the contract.

The details of the order were disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has requested the exchange to take note of this information.

Rajesh Power Services Limited is an EPC contractor involved in various power infrastructure projects. The company focuses on providing comprehensive solutions in the energy sector, including the supply and installation of electrical equipment.

Diamond Power Infrastructure Limited specializes in the manufacturing and supply of electrical products, including cables and conductors. The company aims to maintain its position in the electrical infrastructure sector by securing significant contracts and expanding its product offerings.