Diamond Power Infrastructure Limited has received a letter of intent from Enrich Energy Private Limited for the supply of power cables worth ₹52.48 crore, inclusive of GST. This order is based on Kms rate basis with PV Formulae and is expected to be executed by May 2026. This new contract enhances Diamond Power’s revenue visibility in the power infrastructure sector.
Diamond Power Infrastructure has been awarded a significant contract for the supply of power cables. The letter of intent (LOI) was received from Enrich Energy Private Limited.
The total value of the order is ₹52,48,49,012 (Rupees Fifty-Two Crores Forty-Eight Lakhs Forty-Nine Thousand Twelve only), inclusive of GST. The order is based on a ‘Kms rate basis with PV Formulae’. The expected completion date for the execution of this order is May 2026.
This contract is a domestic transaction, meaning both Diamond Power Infrastructure and Enrich Energy Private Limited are domestic entities. This order does not involve any related party transactions.
Diamond Power focuses on making conductors, cables, and transmission towers. They handle everything, from manufacturing to providing full turnkey services in transmission and distribution. The company builds power cables up to 550KV, power and distribution transformers up to 220KV, transmission and distribution conductors up to 765KV, plus transmission towers. Their lineup includes EHV cables, medium voltage cables, and AL 59 conductors.
