StockWatch
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Other Electrical Equipment
Award15 Sept 2026, 11:00 am

Diamond Power Bags ₹179.43 Cr Cable Supply Deal from Adani Electricity

AI Summary

Diamond Power Infrastructure Limited (DPIL) has received a Letter of Award from Adani Electricity Mumbai Limited (AEML) for the supply of specialized medium voltage (MV) and low voltage (LV) underground power cables. The contract is valued at ₹179.43 crore, inclusive of GST, and covers approximately 871 kms of cables. These specialized cables are designed with water-tree retardant (TR-XLPE) insulation and water-blocking construction to withstand Mumbai's challenging coastal and monsoon environment. This marks the third consecutive year DPIL has secured this contract, highlighting AEML's confidence in DPIL's manufacturing capabilities and delivery performance.

Key Highlights

  • Secured ₹179.43 crore contract for specialized MV/LV cables.
  • Contract awarded by Adani Electricity Mumbai Limited.
  • Third consecutive year of receiving this contract.
  • Specialized cables designed for Mumbai's harsh environment.