Award12 Aug 2026, 05:42 pm
Diamond Power Bags ₹61 Cr Order for 33 kV XLPE Cables
AI Summary
Diamond Power Infrastructure Ltd has received a Letter of Intent (LOI) from Purvanchal Vidyut Vitran Nigam Limited (PuVVNL) for the supply of 250 km of 33 kV HT XLPE cables. The order, valued at ₹61.03 crore inclusive of GST, is for delivery to three distribution companies within Uttar Pradesh. The execution is scheduled between September 2026 and January 2027. This significant order from a government undertaking is expected to bolster the company's order book and revenue streams in the power infrastructure sector.
Key Highlights
- Received LOI for 250 km of 33 kV HT XLPE cables.
- Order value stands at ₹61.03 crore, including GST.
- Execution expected between September 2026 and January 2027.
- Order placed by a Uttar Pradesh government power distribution company.
- No promoter interest in the awarding entity.
Price Impact
More from DIACABS