Diamond Power Infrastructure (NSE:DIACABS, BOM:522163) has received a letter of award worth 2.18 billion Indian rupees, including GST, from Adani Energy Solutions (NSE:ADANIENSOL, BOM:539254) to supply aluminium alloy conductors for two transmission projects.
The contract covers the supply of 1,050 km of AL59 Moose conductors for the Tuticorin project and 3,770 km of AL59 Zebra conductors for the Pune-III project, to be delivered between July 2026 and February 2027, according to an Indian bourse filing on Thursday. Deliveries are scheduled between July 2026 and February 2027.
Shares of the company fell over 2% in recent trade.