Diamond Power Wins Orders Worth Rs. 389 Cr. for Cables & Conductors
Diamond Power Infrastructure Ltd. (DICABS) has won two orders collectively worth Rs. 389.82 crore for supplying cables and conductors. This information was given by Diamond Power via two separate stock filings, dated 20th and 24th March 2025.
Diamond Power to Supply 214 Cr. Worth of Cables to Adani Green Energy
DICABS has received a Letter of Intent (LoI) from Adani Green Energy Limited for supplying cables worth Rs. 214.65 crore. Diamond Power Infra. will supply these cables for solar and wind power projects in Khavda, Gujarat. This order will be executed on “Kms rate basis with PV [Present Value] Formula”.
Diamond Power will be responsible for supplying 906.53 Km of 33 KV High Tension (HT) cables worth Rs. 175.81 crore, and 451 Km of 3.3 KV Low Tension (LT) cables valued at Rs. 38.8 crore to be installed at Khavda Renewable Energy (RE) park.
Diamond Power is expected to supply these cables by January 2026.
Diamond Power Infra. Wins Rs. 175 Cr. Order from Associated Power Structures
Diamond Power Infra. has secured an order for supplying AL-59 Conductors to Associated Power Structures. This order will also be fulfilled on “Kms rate basis with PV Formula”.
The company will supply 3,569 Km of AL-59 conductors that will be laid on six transmission routes in India.
Veloda – Prantij line: Veloda – Prantij transmission line will be a 400 KV double circuit transmission line. For this transmission line, the company will supply 477 Km of conductors worth Rs. 23.64 crore by June 2025.
Sanand – Soja line: Diamond Power is expected to deliver 882 Km of conductors worth Rs. 42.22 crore for this transmission line by July 2025. This Sanand – Soja line will a 400 KV double circuit transmission line.
Kalawad-Saurashtra line: Diamond Power will supply 968 Km of conductors worth Rs. 48.74 crore for this 400 kV D/C Kalawad-Saurashtra transmission line. The conductors for this line is expected to be supplied by August 2025.
Maglana-Pachham line: Maglana-Pachham line will be a 220 KV Double Circuit (D/C) power transmission line. Diamond power will supply 483 Km of conductors worth Rs. 23.16 crore for this transmission line by August 2025.
Chorania – Kosamba line: The Al-59 conductors for this transmission line is expected to be supplied by September 2025. Diamond Power will supply 347 Km of conductors worth Rs. 17.19 crore.
Saykha – Jhanor line: This will be a 400 KV D/C transmission line. 412 Km of Conductors, valued at Rs. 20.20 crore, will by supplied for this transmission line by November 2025.
Post Order Wins Diamond Power Stock Price Jumps Over 7%
Post the aforementioned order wins, the company’s share price jumped by 7.43% as compared to the share price before the announcement of these orders. The first order was announced by the company on 20th March 2025 and Diamond Power share price stood at Rs. 92.12 apiece one day before this announcement. On the day of announcement of second order which was on 24th March 2025, the company’s share price was Rs. 98.96 apiece.
About Diamond Power Infrastructure Ltd: Diamond Power Infrastructure Ltd. founded in 1970 owns a cable and conductor plant, spread over 110 acres in Gujarat. The plant is equipped with five CCV (catenary continuous vulcanization) lines for producing cables. This plant has annual conductor manufacturing capacity of around 2.5 lakh tonnes.