Diamond Power Infrastructure Limited, has secured orders aggregating ₹116.49 crore (including GST; ₹98.72 crore excluding GST) for the supply of 11 kV XLPEinsulated medium voltage power cables. The orders have been received directly from a Gujarat-based EPC contractor executing underground cabling projects for state power distribution companies in Gujarat.
The orders cover approximately 655 km of 11 kV three-core aluminium XLPE cables in sizes of 300, 240, 95 and 70 sq mm, to be supplied for urban underground distribution projects in the Bhavnagar and Ahmedabad regions. The cables will be manufactured at the Company’s integrated plant near Vadodara, which draws aluminium from DICABS’ own rod mills, and will be supplied in lots against manufacturing clearances, subject to utility-specified inspection and testing.
The orders are on a variable-price basis; the value stated is the base price set out in the orders, with final realisation linked to the applicable price-variation formula. Orders aggregating ₹79.83 crore (including GST) are subject to receipt of the Letter of Award by the EPC contractor from the end utility.
Commenting on the orders, Mr. Kavish Shah, Vice President, Diamond Power Infrastructure Limited, said: “Gujarat’s distribution utilities are taking large parts of their urban networks underground to improve reliability and resilience, and medium voltage cables are at the heart of that programme. Winning four orders in a single day for projects across Bhavnagar and Ahmedabad reflects the trust EPC contractors and utilities place in DICABS’ quality, testing standards and delivery. With our resolution plan fully implemented and the Company out of the NCLT framework, we are scaling up our MV and EHV cable business and building a strong, diversified order book, and we look forward to executing these orders on time.”
