Diamond Power Infra Receives ₹55.54 Crore Order for Power Cables
Diamond Power Infrastructure Limited has announced the receipt of a Letter of Intent (LOI) from Bondada Engineering Limited, an EPC Contractor. The order is for the supply of Power Cables and is value...
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Why is Diamond Power Infrastructure Limited in the news today?
Diamond Power Infrastructure Limited (DIACABS) is in the news due to the company has received a significant order, which is a positive development for its business.
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Diamond Power Infra Receives ₹55.54 Crore Order for Power Cables
December 17, 2025, 05:42 AM
Diamond Power Infrastructure Limited has announced the receipt of a Letter of Intent (LOI) from Bondada Engineering Limited, an EPC Contractor. The order is for the supply of Power Cables and is valued at ₹55,54,00,000 (Rupees Fifty-five Crores Fifty-four Lakhs only), exclusive of GST.
The order has been awarded on a "Kms rate basis with PV Formulae" and is to be executed by a domestic entity. The execution period for this contract is scheduled from January 1, 2026, to July 31, 2026.
Diamond Power Infrastructure Limited has confirmed that neither its promoters nor any group companies have any interest in Bondada Engineering Limited. Furthermore, the awarded contract does not fall under the ambit of Related Party Transactions.
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