Diamond Power Wins Power Cables Order worth 52.5 Cr. from Enrich Energy
Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) pertaining to a new order valued at Rs. 52.48 crore from Enrich Energy Private Limited. This information was disclosed by Diamond Power through its stock exchange filing dated 17th January 2026.
Enrich Energy, the company awarding this contract, specializes in solar photovoltaic (PV) energy solutions and provides end-to-end services ranging from project development and EPC to Operations and Maintenance (O&M), along with solar park development.
Scope of work under the order secured by Diamond Power includes the supply of power cables to Enrich Energy. The company has won this order on a “Kms rate basis with PV Formulae”. Diamond Power is expected to complete the execution of this order by May 2026.
Earlier, Diamond Power had been awarded an order worth Rs. 72.51 crore for the supply of power cables to Larsen & Toubro Ltd. (L&T). In addition to the orders received during Q4 FY26, in December 2025, the company’s order wins include an order valued at Rs. 66.18 crore from Hild Projects Private Limited. The company has also won cable supply orders having a combined value of Rs. 113.12 crore.
These consecutive order wins of substantial value in the cable business segment are expected to contribute a significant portion to the company’s revenue. However, Diamond Power has not yet announced its Q3 FY26 financial results, which are expected to be declared soon.
