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Diamond Power Infrastructure bags letter of intent worth Rs 899.75 crore

09 Jul 2024 Evaluate

Diamond Power Infrastructure has received a letter of intent from Adani Energy Solutions worth Rs 899.75 crore (inclusive GST) for supply of AL 59 Conductors -New Generations Aluminum Alloy Conductors. The work has to be completed within April 2025.

Recently, the company had received a letter of intent from Adani Green Energy worth Rs 409 crore (inclusive GST) for supply of various LV/MV Cables.

Diamond Power Infrastructure (DPIL) has emerged as India’s largest and only integrated manufacturer of power transmission equipment and turnkey services provider (EPC).


Peers
Company Name CMP
Polycab India 8439.35
KEI Industries 4736.90
RR Kabel Ltd. 2470.05
Finolex Cables 1452.05
Precision Wire India 503.90
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