Diamond Power Infrastructure Wins ₹55.54 Crore Power Cable Order from Bondada Engineering

Diamond Power Infrastructure Limited has received a letter of intent from Bondada Engineering Limited, a domestic engineering, procurement and construction contractor. 

The order pertains to the supply of power cables and marks a significant addition to the company’s order book. The total value of the contract stands at ₹55.54 crore, excluding applicable goods and services tax.

Details of the Contract

The order has been awarded by Bondada Engineering Limited in its capacity as an EPC contractor. The scope of work involves the supply of power cables for a domestic project. 

According to the company’s disclosure, the purchase order has been issued on a kilometre-rate basis and incorporates a price variation formula. This structure allows adjustments in pricing based on predefined parameters, offering protection against volatility in input costs.

Execution Timeline

The execution of the contract is scheduled to commence on January 1, 2026, and is expected to be completed by July 31, 2026. The defined execution window provides visibility on revenue recognition over the stated period and supports medium-term operational planning for the company.

Domestic Focus and Business Implications

The order has been awarded by a domestic entity and will be executed within India, reinforcing Diamond Power Infrastructure’s presence in the domestic power infrastructure segment. Securing orders from established EPC contractors such as Bondada Engineering reflects continued demand for power transmission and distribution projects and underlines the company’s capability to meet technical and delivery requirements.

Diamond Power Infrastructure Share Price Performance

On December 17, 2025, Diamond Power Infrastructure share price opened at ₹143.95, touching the day’s high at ₹143.95, as of 11:42 AM on the NSE.

Also Read: Diamond Power Secures ₹276 Crore Contract from Adani Energy Solutions!

Conclusion

The receipt of the ₹55.54 crore letter of intent from Bondada Engineering Limited represents a positive development for Diamond Power Infrastructure Limited. With a clear execution timeline and structured pricing terms, the order is expected to contribute to revenue visibility and reinforce the company’s positioning in the domestic power infrastructure market.

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