Order worth Rs 109 crore bagged by Diamond Power
Transmission and distribution equipment manufacturer Diamond Power Infrastructure Ltd. has bagged an order worth Rs 109 crore from Swastika Infra for the supply of power cables. The firm would supply 240 square millimeter-long XLPE Al 3 core cables of 11 kilovolts for a project under MGVCL's schemes, according to an exchange filing.
The order is to be executed by March 2025. Earlier the firm received a letter of intent (LoI) worth Rs 899.6 crore from Adani Energy Solutions Ltd for the supply of AL-59 conductors a new generation of aluminum alloy conductors.
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