Deals30 March 2026 at 07:38 am
Diamond Power Infrastructure Ltd Receives Letter of Intent Worth Rs. 43,93,97,438 from Uttar Gujarat Vij Company Limited
AI Summary
Diamond Power Infrastructure Limited has received a letter of intent from Uttar Gujarat Vij Company Limited for the supply of cables worth Rs. 43,93,97,438 inclusive GST. The order is for the supply of 453 km cables and is to be executed within 7 months in equal monthly lots as decided by DISCOMS after a commencement period of 45 days from the date of receipt of letter of acceptance of respective DISCOMS.
Key Highlights
- Diamond Power Infrastructure Limited has received a letter of intent from Uttar Gujarat Vij Company Limited.
- The value of the order is Rs. 43,93,97,438 inclusive GST.
- The order is for the supply of 453 km cables.
- The order is to be executed within 7 months in equal monthly lots as decided by DISCOMS after a commencement period of 45 days from the date of receipt of letter of acceptance of respective DISCOMS.
- None of the Promoter/Promoter Group/Group Companies have any interest in the entity.