Diamond Power Infrastructure Gets Letter of Intent for Contract Worth INR 715 Million

MT Newswires Live

2025/04/30

Diamond Power Infrastructure (NSE:DIACABS, BOM:522163) has received a letter of intent for a contract worth 714.6 million Indian rupees from Adani Electricity Mumbai, according to a Wednesday filing to the Indian stock exchanges.

The contract is for the supply of LT Cables for Adani's Mumbai power distribution business.

The company's shares were down nearly 2% in recent trade.

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