Deals6 Apr 2026, 12:30 pm
Diamond Power Infrastructure Receives Letter of Intent from Adani Electricity Mumbai for Rs. 100 Crore Cables Supply Order
AI Summary
Diamond Power Infrastructure Limited has received a letter of intent from Adani Electricity Mumbai Limited for a supply order worth Rs. 100,54,10,858/- (Rupees One Hundred Crore Fifty-Four Lakhs Ten Thousand Eight Hundred Fifty-Eight only) inclusive of GST. The supply of assorted sizes of HT Cables is to be executed from April, 2026 to February 2027. Neither the promoter, promoter group, nor group companies have any interest in Adani Electricity Mumbai Limited, and the order does not fall under related party transactions.
Key Highlights
- Diamond Power Infrastructure received a letter of intent from Adani Electricity Mumbai Limited for a supply order worth Rs. 100 crore.
- The supply order includes assorted sizes of HT Cables.
- The execution of the order is planned from April, 2026 to February 2027.
- No promoter, promoter group, nor group companies have any interest in Adani Electricity Mumbai Limited.
- The order does not fall under related party transactions.