Diamond Power Bags ₹263.25 Cr MSEDCL Order

Diamond Power Infrastructure Ltd has secured a significant purchase order worth approximately ₹263.25 crore (inclusive of GST) from a domestic EPC contractor. The order is for the supply of DICABS brand power cables and conductors for an urban power infrastructure project of Maharashtra State Electricity Distribution Company Limited (MSEDCL) in the Bhandup region of Maharashtra. The scope includes medium-voltage and low-voltage XLPE underground power cables, overhead conductors, and control cables. This order is expected to strengthen the company's position as a supplier to state distribution utilities and contribute to its growing MV cable order book. The pricing will be variable, linked to raw material prices, to protect margins.