Diamond Power Secures Rs. 72.51 Cr. Power Cable Supply Order from L&T

Diamond Power Infrastructure Ltd. (DICABS) has been awarded Rs. 72.51 crore order for supply of power cables to Larsen & Toubro Ltd. (L&T). Diamond Power shared this information through a press release, dated 5th January, 2025.

As per the press release, Diamond Power has received a Letter of Intent (LoI) from L&T for the said order. This order includes the supply of power cables to L&T, where the order will be executed on a “Kms rate basis with PV formula”.

Time period for execution of this order is going to span between January 2026 to September 2026.

In addition to securing an order from L&T, Diamond Power has also secured multiple cable supply orders in December from different entities. Off these orders secured in December, the company received orders with a cumulative total of Rs. 113.12 crore from Rajesh Power Services Limited and Bondada Engineering Limited. Further, the company also secured a Rs. 747.64 crore order from Adani Green Energy and a Rs. 66.18 crore order from Hild Projects Private Limited.