Diamond Power Infrastructure Ltd has informed that it received a letter of intent from Adani Green Energy Limited for an order worth ₹215 crore. The new order is in addition to the company's increasing association with the Adani Group, following recent substantial orders.
Major points:
New order of ₹215 crore for the supply of different LV/MV cables
Wins ₹409 crore order from Adani Green Energy in July 2024
Unexecuted order book of the company is over ₹1,500 crore
Previous ₹899.75 crore order from Adani Energy Solutions for AL-59 conductors
This achievement strengthens Diamond Power's position as a major supplier in India's renewable energy industry. The fact that the company has been able to win repeat orders from industry leaders such as Adani Green Energy speaks volumes about the quality and reliability of its products.
As its order book is growing rapidly, Diamond Power Infrastructure is poised to record robust growth in the quarters ahead, benefiting from India's thrust towards green energy infrastructure.
Sources: MarketScreener, Economic Times, TND India, March 24, 2025