Diamond Power secures INR 57.58 crore domestic cable supply order from Rajesh Power Services, to be executed over six months.
Dec 16, 2025
Diamond Power Infrastructure Limited has received a Letter of Intent from Rajesh Power Services Limited for the supply of power cables worth INR 57.58 crore, inclusive of GST.
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The order, awarded on a kilometre-rate basis with a price variation formula, involves supplying 11 kV (E) 3-core 300 sq mm XLPE aluminium armoured cables as per UGVCL Robust 2.0 specifications.
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The contract will be executed between January 1, 2026, and June 30, 2026. Diamond Power confirmed that the transaction is not a related-party deal and that promoters have no interest in the awarding entity.
