Diamond Power Infrastructure Share Price in Focus; Bags ₹263.25 Crore Order for Cables and Conductors for MSEDCL

Diamond Power Infrastructure Ltd has received a purchase order worth approximately ₹263.25 crore, including GST, from a domestic EPC contractor.  

The order is for an urban power infrastructure project of Maharashtra State Electricity Distribution Company Ltd (MSEDCL) in Maharashtra. The company received the order on 16 September 2026.  

Supplies for Bhandup Project 

The order relates to a project in the Bhandup region of Maharashtra. Diamond Power Infrastructure will supply MV and LV XLPE underground power cables, overhead conductors, and control cables for the project. The products will be manufactured as per MSEDCL specifications.  

The project involves underground cabling and strengthening of overhead lines as part of urban power distribution infrastructure. The company said medium-voltage XLPE underground cables form the main part of the order.  

Production and Pricing 

The cables and conductors will be manufactured at the company’s integrated facility in Vadadala, Vadodara, Gujarat. The facility has an installed capacity of 250,000 MT per annum and produces power cables across LV, MV, HV, and EHV categories, along with overhead conductors.  

The order will be priced on a variable basis, linked to aluminium and copper prices and currency movements. The quantities mentioned in the disclosure are indicative and subject to a site survey.  

Delivery Schedule 

The delivery schedule has not yet been specified. Supplies will begin according to the schedule to be communicated after MSEDCL approves the GTP and drawings. The company has also stated that the final order value is subject to price variation.  

Guarantee and Transaction 

The supplied products will carry a guarantee of 66 months from supply or 60 months from commissioning, whichever is earlier. The company said the order was received in the ordinary course of business and at arm’s length. It does not fall under related-party transactions.  

Read More: Tata Motors Announces up to 1% Price Hike on Commercial Vehicles from October 1, 2026! 

Diamond Power Infrastructure Share Price Performance  

As of 17 September 2026, 2:45 pm, Diamond Power Infrastructure share price was trading at ₹378.00, a 4.24% decrease from the previous closing price. 

Conclusion 

The order covers cables and conductors for an MSEDCL urban power project in Bhandup. Its final value and quantities may change following the site survey and price adjustments. 

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