Diamond Power Infrastructure has received a ₹276.06 crore order from Adani Energy Solutions (AESL) for supplying 7,668 km of AL-59 Zebra conductor for the Khavda transmission project. The order follows a kilometre-rate structure with a price variation (PV) formula and is scheduled for completion by November 23, 2026.
The order expands its presence in the power-transmission supply chain and aligns with India’s ongoing investments in large-scale renewable energy and grid-strengthening projects, particularly in the rapidly developing Khavda renewable zone.
Diamond Power Infrastructure is an established Indian company engaged in the manufacturing of transmission and distribution (T&D) products used across the power sector. The company produces a wide range of equipment, including conductors, cables, transformers, and other power-distribution components, serving utilities, infrastructure developers, and renewable-energy projects.
The mandate comes at a time when Diamond Power Infrastructure is demonstrating strong financial momentum, with consolidated net profit rising 593.3% to ₹27.73 crore and net sales increasing 75.1% to ₹438.33 crore in Q2 FY26.
AESL, part of the wider Adani portfolio with interests across transmission, distribution, smart metering, and cooling solutions, reported a 20.9% decline in net profit to ₹533.97 crore in Q2 FY26, although revenue from operations grew 6.7% year-on-year to ₹6,595.83 crore.
Read More: Adani Group Reports ₹67,870 Crore Capex and Strong EBITDA in H1FY26!
As of November 25, 2025, at 2:11 PM, Diamond Power share price is trading at ₹140.67 per share, reflecting a decline of 0.057% from the previous closing price. Over the past month, the stock has declined by 8.41%.
The contract strengthens Diamond Power’s role in India’s expanding transmission network and supports ongoing renewable-energy development in the Khavda region. With improving financial performance and steady demand for grid infrastructure, the mandate reinforces the company’s growth trajectory while highlighting AESL’s continued investment in large-scale energy projects.
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Published on: Nov 25, 2025, 5:28 PM IST
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