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Diamond Power Infrastructure gets letter of intent worth Rs 99.94 crore

18 Oct 2024 Evaluate

Diamond Power Infrastructure has received a letter of intent (LoI) from Reverence Infrastructure India LLP worth Rs 99.94 crore for supply of 11KV 240 sq. mm XLPE Al 3 core cable for Project under RDSS Scheme. The order is to be executed by March, 2025.

Earlier, the company had received a LoI from M/s Swastika Infra, contractor of Madhya Gujarat Vij Company (MGVCL), worth Rs 109.38 crore for supply of 11KV 240 sq. mm XLPE Al 3 core cable for Robust Project under MGVCL Schemes. 

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 8443.00
KEI Industries 4721.00
RR Kabel Ltd. 2470.00
Finolex Cables 1455.15
Precision Wire India 498.60
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