Diamond Power Infrastructure Bags Order Worth 760.6 Million Rupees

VADODARA, India — Power transmission and equipment manufacturer Diamond Power Infrastructure Limited (DICABS) announced on September 3, 2026, that it has secured a commercial supply order valued at 760.6 million rupees (₹76.06 crore). The domestic contract entails the design, engineering, and supply of extra-high-voltage (EHV) underground cables to strengthen regional grid infrastructure in Gujarat. The announcement underscores accelerating procurement activity across India's power transmission and distribution (T&D) sector as utilities upgrade urban and industrial power networks.

Supply Details and Execution Framework

According to corporate disclosures, the contract covers the manufacturing, testing, and delivery-at-place (DAP) of 66 kV extra-high-voltage underground cables. The total order value stands at 760.6 million Indian rupees, inclusive of applicable duties and statutory taxes. Manufacturing operations for the order will be centered at the company's integrated production facility in Vadadala, Savli, near Vadodara, Gujarat.

The supply schedule is set to be executed over upcoming quarters according to project milestones specified by the purchasing utility entity. The contract contains standard price variation formulas linked to raw material benchmark movements, including copper and aluminum prices on the London Metal Exchange (LME), protecting operating margins against major commodity price fluctuations.

Corporate Outlook and Sector Background

Diamond Power Infrastructure Limited manufactures power transmission and distribution equipment under the DICABS brand name. Following its operational turnaround under an NCLT-approved resolution framework, the company has focused on rebuilding its order book across conductor lines, power cables, and underground transmission infrastructure.

The demand for extra-high-voltage (EHV) underground cabling systems in India has risen due to rapid urbanization, renewable energy grid integrations, and municipal mandates to replace overhead power lines in congested metropolitan centers. The ₹76.06 crore contract win builds upon KMEW's growing order backlog, providing clear revenue visibility for the current fiscal year.

Official Sources Section

Details detailing the 760.6 million rupee order originate from official corporate disclosures submitted by Diamond Power Infrastructure Limited to the National Stock Exchange of India (NSE) and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Quote Section

According to official disclosures filed with stock exchanges:

"The company has received a formal order/contract confirmation valued at ₹76.06 crore for the design, manufacturing, and supply of extra-high-voltage underground cables, further expanding our execution pipeline in the domestic power distribution market."

Why It Matters

• For Power Grid Infrastructure: Accelerates the deployment of reliable underground EHV power lines, reducing urban transmission losses and storm-related power disruptions.

• For Investors: Expands Diamond Power's total confirmed order book, providing revenue predictability across upcoming quarterly reporting periods.

• For Electrical Equipment Vendors: Highlights rising capital expenditure trends across state power utilities and private infrastructure developers.

Key Facts at a Glance

• Entity: Diamond Power Infrastructure Limited (DICABS)

• Order Value: ₹760.6 million (₹76.06 crore) inclusive of taxes

• Product Scope: 66 kV Extra High Voltage (EHV) underground cables

• Manufacturing Hub: Vadadala plant, Vadodara, Gujarat

• Regulatory Compliance: Disclosed under SEBI (LODR) Regulations, 2015

Frequently Asked Questions

What is the total value of Diamond Power Infrastructure's new order?

The order is valued at 760.6 million Indian rupees (₹76.06 crore).

What products will Diamond Power Infrastructure supply under this contract?

The company will manufacture and supply 66 kV extra-high-voltage (EHV) underground cables designed for power transmission networks.

Where will the equipment for this order be manufactured?

Production will take place at the company's primary manufacturing facility in Vadodara, Gujarat.

Source: Official Regulatory Filings submitted by Diamond Power Infrastructure Limited to the National Stock Exchange of India (NSE) and BSE Limited.