Diamond Power Infrastructure bags ₹66 crore power cable supply order

Diamond Power Infrastructure Ltd on Friday said it has received a letter of intent from Hild Projects Private Limited for the supply of power cables worth ₹66.18 crore, exclusive of taxes, according to an exchange filing.

The order has been awarded by Hild Projects, a domestic EPC contractor, and will be executed on a kilometre-rate basis with a price variation formula. The company said the contract is scheduled to be carried out between January 1, 2026 and June 30, 2026.

Diamond Power Infrastructure

clarified that neither its promoters nor promoter group entities have any interest in Hild Projects and that the contract does not fall under related party transactions.

Also Read: Diamond Power bags ₹748-crore Adani Green order for supply of solar cables

Shares of Diamond Power Infrastructure ended lower by 0.78% at ₹140 on the BSE on Friday, ahead of the disclosure.

The company operates in the power cables segment and continues to benefit from order inflows linked to ongoing investments in transmission and infrastructure projects.