Diamond Power Infrastructure Limited (DPIL), a prominent name in India's electrical infrastructure industry, has announced a significant order win worth ₹71.46 crore from Adani Electricity Mumbai Limited (AEML). This order involves the supply of assorted sizes of Low Tension (LT) cables for Adani’s Mumbai Distribution Business, further strengthening DPIL's order book and its foothold in the cable manufacturing segment.

Order Details and Execution Timeline

According to the disclosure, the order has been awarded on a DAP (Delivered at Place) basis for AEML’s site at Mumbai / Dahanu Thermal Power Station (DTPS) Stores. The nature of the contract specifies that the pricing will be executed on a per kilometre (Km) rate basis and is governed by a Price Variation (PV) formula, which allows adjustments depending on raw material price fluctuations—a standard practice in long-term electrical contracts.

Execution Deadline:
The order is expected to be completed by March 2026, giving DPIL a solid and sustainable revenue stream over the next few quarters.

Nature of the Project and Strategic Relevance

The contract has been categorised as a domestic order, awarded by a domestic entity—Adani Electricity Mumbai Limited. AEML is a major power distributor in Mumbai and part of the Adani Group. The project does not fall under Related Party Transactions, and none of the promoter or promoter group companies have any stake or interest in AEML, which ensures transparency and independence in the transaction.

The supply includes a wide range of LT cable sizes, reflecting the technical versatility of DPIL and its capacity to deliver customised cable solutions across diverse requirements.

Financial Impact and Business Outlook

At ₹71.46 crore, the order is a substantial addition to DPIL’s order pipeline, enhancing visibility on the revenue side. Though the order is not deemed “material” under regulatory thresholds, it adds meaningful incremental business and supports the company’s ongoing growth momentum in the power cable and infrastructure segment.

Given the long-term nature and pricing flexibility through PV formulae, this order could positively impact margins, especially if raw material prices stabilize or decline during the project lifecycle. It also signals confidence from a major industry player like Adani, validating DPIL's product quality, supply reliability, and execution capabilities.

Strategic Alignment with India's Infrastructure Push

This contract aligns well with India’s broader infrastructure and electrification goals. With increased investments in power distribution and smart grid systems, there’s rising demand for high-quality, durable, and efficient cable systems. DPIL’s proven track record in delivering customised cable infrastructure for large-scale utility providers puts it in a favourable position for future tenders and projects.

About Diamond Power Infrastructure Limited

Diamond Power Infrastructure Limited is one of India’s leading fully integrated power transmission and distribution companies. The firm manufactures a wide range of products, including power cables, conductors, transformers, and related electrical equipment. DPIL has been actively catering to major government, industrial, and utility clients across the country.

Their in-house capabilities in design, manufacturing, and quality control allow the company to offer end-to-end solutions for diverse electrical infrastructure needs. With this new order from Adani Electricity, DPIL further consolidates its reputation as a trusted cable supplier to India’s energy giants.

Key Highlights of the Contract

• Client: Adani Electricity Mumbai Limited

• Contract Type: Supply of Assorted LT Cables

• Contract Value: ₹71,46,41,200/-

• Execution Timeline: By March 2026

• Pricing Basis: Per km rate with PV formulae

• Nature: Domestic order under DAP basis

• Promoter Interest: None; not a related party transaction

Conclusion

This order win not only strengthens DPIL’s current operational backlog but also sends a strong signal to the market about its competency in executing high-value utility contracts. It underlines the company’s commitment to supporting India’s evolving power distribution needs, especially in urban centres like Mumbai.

As the country moves towards smart electrification and grid modernization, companies like DPIL are likely to play a crucial role in supplying the backbone infrastructure—like power cables—that make these systems work.

This strategic contract will likely pave the way for more such collaborations between DPIL and India’s top power distribution companies, especially those aligned with India’s infrastructure and renewable push.

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