Diamond Power Infra Wins ₹43.26 Cr Order from Adani Power for Thermal Project

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BSE

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Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) from Adani Power Limited for supply of power & control cables for a thermal power project in Chhattisgarh worth ₹43.26 crore.

PRICE-SENSITIVE TRIGGER

Event: Order Win (Letter of Intent)

Type: Revenue-generating contract

Impact: Positive

Immediate Effect: Strengthens order book and revenue visibility

Key Metrics

  • Order Value: ₹43.26 Cr
  • Execution Deadline: July 31, 2026

Highlights

Client Quality: Order from Adani Power Limited

What Happened ?

The company has received a Letter of Intent (LoI) from:

Adani Electricity Mumbai Limited

For:

  • Design, engineering, manufacturing, testing
  • Supply of power & control cables
  • Deployment at Raipur Phase-II Thermal Power Project (Chhattisgarh)
Key highlights
Nature of Contract
  • Supply of power cables
  • EPC-linked execution scope (design → supply → delivery)
Execution Timeline
  • Deadline: 31 July 2026
Geography
  • Domestic project
Compliance
  • Not a related party transaction
  • No promoter interest
Risk Analysis

Key Risks

  • Tight execution timeline
  • Commodity price volatility
  • Margin pressure
  • Working capital cycle

Worst Case Scenario

Delayed execution → penalties / margin impact

Risk Level: Medium

Company Commentary
  • Order received in normal course of business
  • Strengthens presence in power infrastructure segment

Official Exchange Filing: Diamond Power Infrastructure Limited

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