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Diamond Power Infrastructure bags LoI worth Rs 72.51 crore

05 Jan 2026 Evaluate

Diamond Power Infrastructure has secured a letter of intent (LoI) worth around Rs 72.51 crore (exclusive GST) from Larsen & Toubro (L&T), Construction. The LoI is for supply of Power Cables and has been on ‘Kms rate basis with PV Formulae’. The LoI is to be executed by September 30, 2026. 

Diamond Power Infrastructure was incorporated in 1992 having its registered office in Vadodara, Gujarat. The company is engaged in manufacturing & selling of conductor, cables and transmission towers.

Peers
Company Name CMP
Polycab India 8413.95
KEI Industries 4691.00
RR Kabel Ltd. 2488.15
Finolex Cables 1453.05
Precision Wire India 501.00
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