Diamond Power Infrastructure reported on Tuesday that it has received an order for Rs 179.43 crore from Adani Electricity Mumbai Ltd (AEML) to supply underground power cables.
The transaction, valued at ₹179.43 crore inclusive of GST, includes about 871 km of cable, including 33 kV and 11 kV medium-voltage cables, as well as 1.1 kV low-voltage cables, according to a company statement.
It also said that the cost included packaging, forwarding, freight, and transit insurance.
According to the firm, Adani Electricity Mumbai Ltd (AEML) has granted a Letter of Award for the delivery of additional medium- and low-voltage underground power lines for the Mumbai distribution network.
According to the statement, the customer has not yet filed a formal purchase order in response to this Letter of Award.
Diamond Power Infrastructure Ltd (DICABS) manufactures a wide range of power transmission equipment, including LV, MV, HV, and EHV power cables, control and instrumentation cables, fire-resistant and flame-retardant cables, solar DC and EV charging cables, and conductors. The company serves sectors such as power, infrastructure, oil and gas, renewables, real estate, and data centers.
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