Diamond Power Infrastructure Share Price in Focus; Receives ₹747.64 Crore Order from Adani Green Energy

Diamond Power Infrastructure Ltd reported to that it received a Letter of Intent worth ₹747.64 crore (₹747,64,01,400) from Adani Green Energy Ltd, as per exchnage filings. 

The order covers power and solar cables for projects in Khavda, Gujarat, and Rajasthan. The company noted that the amount is exclusive of GST. 

What the Order Includes 

Under the arrangement, Diamond Power will supply 2,126 km of 33KV high-voltage cables and 3,539 km of 3.3KV solar medium-voltage cables.  

The purchase is placed on a kilometre-rate basis, with prices linked to a variation formulae. These cables will be used at two renewable energy project sites. 

Execution Timeline 

The delivery window runs from January 2026 to December 2026. Supplies will be dispatched in stages depending on project schedules.  

The company added that Adani Green is the awarding entity and clarified that none of its promoters or related group entities have any interest in Adani Green. The transaction does not fall under related-party dealings. 

Project Context 

The cable supply forms part of the infrastructure supporting the Khavda renewable energy park in Kutch, which is being developed by Adani Energy Solutions.  

The park is described as the world’s largest renewable installation under development. Transmission corridors from Khavda are intended to carry power from new wind and solar facilities in the region. 

Read More: Adani Group Highlights Ongoing and Upcoming Investments in Andhra Pradesh! 

Diamond Power Infra Share Price Performance  

As of December 05, 2025, 9:55 am, Diamond Power Infra share price was trading at ₹144.33, a 0.78% increase from the previous closing price. 

Conclusion 

The order gives the company a fixed supply schedule through 2026 and adds a sizeable volume of cable requirements tied to ongoing renewable energy development in Gujarat and Rajasthan. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.