Diamond Power Infrastructure on Tuesday announced that it secured an order worth Rs 179.43 crore from Adani Electricity Mumbai Ltd (AEML) to supply underground power cables.
Standing at a value of ₹179.43 crore inclusive of GST, the purchase encompasses approximately 871 km of cable in aggregate — 33 kV and 11 kV medium-voltage cable together with the associated 1.1 kV low-voltage cable, said the statement released by the company.
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It also said that the price included packing, forwarding, and freight and transit insurance.
According to the company, Adani Electricity Mumbai Ltd (AEML) had issued a Letter of Award for the supply of additional medium-voltage and low-voltage underground power cables for the Mumbai distribution network.
The release also said the formal purchase order is yet to be issued by the customer against this Letter of Award.
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Diamond Power Infrastructure Ltd (DICABS) manufactures a wide range of power transmission equipment and offers LV, MV, HV and EHV power cables, control and instrumentation cables, fire-resistant and flame-retardant cables, solar DC and EV charging cables, and conductors, serving sectors including power, infrastructure, oil & gas, renewables, real estate and data centres.
(With inputs from PTI)
