Diamond Power Infrastructure Limited has announced the receipt of a purchase order worth approximately ₹263.25 crores (inclusive of GST) from a domestic EPC contractor. The order involves supplying medium-voltage (MV) and low-voltage (LV) XLPE underground power cables, overhead conductors, and control cables for an urban power infrastructure project of the Maharashtra State Electricity Distribution Company Limited (MSEDCL) in the Bhandup region of Maharashtra.

The official notice outlines that the procurement is designated for urban distribution upgrades under MSEDCL, focusing on underground cabling and overhead line strengthening. The order includes a structural pricing mechanism linked to variable aluminium and copper prices along with currency fluctuations to insulate operational margins against raw material volatility. Manufacturing will take place at the company’s integrated facility in Vadadala, Vadodara, backed by a performance guarantee spanning 66 months from supply or 60 months from commissioning.

Operating under the DICABS brand, Diamond Power Infrastructure Limited features a five-decade operational legacy and an installed capacity of 250,000 MT per annum for power cables and overhead conductors. The company is heavily backward-integrated with its own aluminium rod mills and captive wind power units, serving prominent utilities, renewable developers, and EPC contractors. In recent developments through 2025 and 2026, the company secured major high-value utility contracts, including a substantial conductor supply order from Adani Energy Solutions and repeat underground cabling awards from Adani Electricity Mumbai Limited (AEML) to support dense coastal distribution networks.

During the financial results announced in late 2025, the company demonstrated exceptional performance, highlighted by a multifold expansion in net profitability. For instance, during the quarter ended December 2025, net profit surged significantly to ₹49.72 crores compared to figures from prior periods, driven by robust order execution and strong demand across its MV and LV cable segments. The broader equity and institutional participation in the company has seen active engagement following its corporate turnaround and operational scaling.