21 Sep 2026
Diamond Power Infrastructure won Rs 116.49 crore of orders including GST from Polite Powertech for 11 kV XLPE underground cables.
The scope covers about 655 km of medium voltage cable for PGVCL and UGVCL distribution work in Bhavnagar and Ahmedabad. Supply runs over twelve months from its Vadodara plant.
15 Sep 2026
Diamond Power Infrastructure received a Rs 179.43 crore order from Adani Electricity Mumbai for about 871 km of underground cable.
The award, inclusive of GST, covers water-tree retardant medium voltage cable built for coastal conditions. It is the third year running that Adani has placed this contract with the company.
11 Sep 2026
Diamond Power Infrastructure prepaid its entire Rs 2,401 crore resolution plan and exited the IBC framework a year early.
The sum covered Rs 501 crore in cash and Rs 1,900 crore of 30-year redeemable bonds otherwise due in instalments to 30 September 2027. Clearing it makes the company eligible for credit ratings and bank funding.
06 Jul 2026
Diamond Power Infrastructure won a Rs 435.71 crore order to supply HT and LT power cables for the 310 MW Hyderabad data-centre projects.
Data-centre build-out is a fresh demand vein for cables, and the order strengthens the power-transmission book. Delivery timelines drive recognition.
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Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.