Diamond Power Infrastructure bags orders worth Rs 104.47 crore
The company has received a letter of intent worth around Rs 60.53 crore (inclusive GST) from Gujarat Energy Transmission Corporation
Diamond Power Infrastructure has bagged orders aggregating to Rs 104.47 crore. The company has received a letter of intent (LoI) worth around Rs 60.53 crore (inclusive GST) from Gujarat Energy Transmission Corporation for the supply of 270 km cables. The order is to be executed within 4 months from day of purchase order.
Further, the company has secured LoI worth around Rs 43.93 crore from Uttar Gujarat Vij Company for the supply of 453 km cables. The order is to be executed within 7 months in equal monthly lots as decided by DISCOMS after a commencement period of 45 days from the date of receipt of letter of acceptance of respective DISCOMS.
Diamond Power Infrastructure is engaged in manufacturing & selling of conductor, cables and transmission towers.
