Diamond Power Infrastructure Secures Rs. 72 Crore Order from L&T

Diamond Power Infrastructure Limited has informed the exchange about receiving a letter of intent from Larsen & Toubro Limited, Construction. The order involves the supply of power cables valued at Rs. 72,51,24,746, exclusive of GST. The contract is structured on a “Kms rate basis with PV Formulae” and is to be executed between January 6, 2026, and September 30, 2026.

The order has been awarded by a domestic entity, Larsen & Toubro Limited. The terms of the contract do not fall under related party transactions, and there is no interest from the promoter or promoter group in the awarding entity.

The details of the order were disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as well as the SEBI Master Circular dated November 11, 2024. The company has provided all necessary information as required under these regulations.

Larsen & Toubro Limited is a major player in the construction industry, known for its extensive projects in infrastructure development. The company focuses on delivering large-scale projects across various sectors, including power, infrastructure, and engineering.

Diamond Power Infrastructure Limited specializes in manufacturing power cables and related products. The company is committed to expanding its market presence by securing significant contracts and enhancing its production capabilities. It continues to focus on meeting the demands of the power sector through strategic partnerships and quality product offerings.