Diamond Power Infrastructure Secures Major Orders from Adani Group
Diamond Power Infrastructure has obtained significant contracts from the Adani Group, including a Rs 100.54 crore order for supply to Adani Electricity Mumbai and a Rs 43.26 crore order from Adani Power. Additionally, Adani Green Energy has awarded a Rs 19.57 crore cable supply order for immediate execution.
- Country:
- India
Diamond Power Infrastructure announced on Monday the acquisition of substantial orders from the Adani Group. The most notable is a Rs 100.54 crore contract with Adani Electricity Mumbai Ltd for supplying cables. This deal is scheduled for execution between April 2026 and February 2027, as detailed in a regulatory filing.
Additionally, Diamond Power reported receiving a letter of intent from Adani Power. This Rs 43.26 crore contract involves supplying distinct sizes of power and control cables for the Raipur Ph-II Thermal Power Projects in Chhattisgarh, with a completion deadline set for July 31, 2026.
In a separate development, Adani Green Energy Ltd has issued a letter of intent for a Rs 19.57 crore cable supply order. This assignment is poised for completion within 15 days from the letter's issuance, underscoring Diamond Power's robust engagements with the Adani Group.
ALSO READ
-
Billionaire Showdown: Adani Group's Real Estate Acquisition
-
Supreme Court Upholds NCLAT Ruling: Adani Group's Bid for JAL Stands Firm
-
SC refuses to interfere with NCLAT's order refusing to stay Adani Group's Rs 14,535 crore bid to acquire Jaiprakash Associates Ltd (JAL).
-
Adani Group Chairman Gautam Adani Visits Ayodhya's Ram Temple
-
Embraer and Adani Group: Building India's Aviation Future, One Aircraft at a Time