DICABS Secures Rs. 237 Cr. Order from Adani Energy Solutions
Diamond Power Infrastructure Ltd. (DICABS) has secured a conductor supply order valued at Rs. 236.71 crore from Adani Energy Solutions Ltd. (AESL). This information was shared by DICABS in its stock filing dated 13th September 2025.
According to DICABS, aforementioned order entails the supply of 5,403 Km of Al-59 Zebra type* conductor to AESL on “Kms rate basis with PV Formulae”.
Aluminium conductor supplied under the aforementioned order will specifically be used in AESL’s Jamnagar project. Earlier in July 2025, DICABS had secured another Al-59 conductor supply order from AESL, part of which included supply to the company’s Jamnagar project. In October 2024, AESL had acquired Jamnagar Transmission Ltd. (JTL), a Special Purpose Vehicle (SPV) defined by PFC Consulting Ltd. for the execution of this project.
DICABS’ stock gained over 5% after the announcement of this order win, with the company’s share price increasing to Rs. 158.33 apiece on the trading day following the company’s intimation to stock exchanges.
*Zebra type conductors feature a galvanised Steel core surrounded by Aluminium conductor, and are suited for high-voltage transmission lines.
