Diamond Power Infrastructure Limited has received a letter of intent from Bondada Engineering Limited for the supply of power cables for a domestic project. The contract value is ₹55.54 crore, excluding applicable goods and services tax, and adds to the company’s existing order book.
Contract Scope and Structure
The order has been awarded by Bondada Engineering in its role as an engineering, procurement and construction contractor. The scope involves the supply of power cables within India. As disclosed by the company, the purchase order has been issued on a kilometre-rate basis and includes a price variation mechanism, allowing adjustments in line with predefined parameters linked to input costs.
Execution Schedule
Work under the contract is scheduled to begin on January 1, 2026, with completion targeted by July 31, 2026. The defined timeline provides clarity on execution and revenue recognition during the contract period.
Domestic Project Engagement
The order will be executed entirely within India, strengthening Diamond Power Infrastructure’s footprint in the domestic power transmission and distribution segment. The contract reflects ongoing activity in infrastructure projects and continued engagement between EPC contractors and cable manufacturers.
Summary
Diamond Power Infrastructure Limited has won a ₹55.54 crore power cable supply order from Bondada Engineering Limited for a domestic project. The contract, structured with kilometre-based pricing and a price variation clause, is scheduled for execution between January and July 2026, reinforcing the company’s presence in India’s power infrastructure sector.
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