Deals16 Dec 2025, 04:35 pm
Diamond Power Infrastructure Receives Letter of Intent Worth Rs. 57 Crores from Rajesh Power Services
AI Summary
Diamond Power Infrastructure Limited has received a letter of intent from Rajesh Power Services Limited for the supply of 11 KV (E) 3C 300 sq mm XLPE aluminum armored cable. The order is worth Rs. 57,58,40,000/- inclusive of GST and is to be executed from January 1, 2026, to June 30, 2026. The order has been awarded on a 'kms rate basis with PV Formulae' and is not a related party transaction.
Key Highlights
- Diamond Power Infrastructure received a letter of intent from Rajesh Power Services Limited.
- The order is for the supply of 11 KV (E) 3C 300 sq mm XLPE aluminum armored cable.
- The order is worth Rs. 57,58,40,000/- inclusive of GST.
- The order is to be executed from January 1, 2026, to June 30, 2026.
- The order has been awarded on a 'kms rate basis with PV Formulae'.