Diamond Power Infrastructure gets Rs 900 cr conductor supply order from Adani Energy Solutions
Diamond Power Infrastructure Ltd, a cable manufacturer, secured a Rs 900 crore (inclusive GST) order from Adani Energy Solutions for AL 59 aluminum alloy conductors, to be executed by April 2025. Formalized through a letter of intent, the Rs 899.7...
"...company has received a letter of intent from Adani Energy Solutions Ltd worth Rs 899.75 crore (inclusive GST) for the supply of AL 59 conductors - new generations aluminium alloy conductors," it said.
None of the promoter/promoter group/group companies have any interest in the entity, the company said, adding that the work doesn't fall under the ambit of related party transactions.
Diamond Power Infrastructure Ltd (DPIL) is into manufacturing of cables and conductors.
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