As per the deal, which has to be executed by April 2025, DPIL will supply AL 59 aluminum alloy conductors – new generation aluminum alloy conductors – to Adani Energy Solutions.

Jul 11, 2024

Diamond Power Infrastructure Limited has secured an INR 899.75 crore (inclusive GST) order from Adani Energy Solutions for the supply of AL 59 aluminum alloy conductors – new generation aluminum alloy conductors – to be executed by April 2025.

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The company said in an exchange filing that none of the promoters/promoter groups/group companies have any interest in the entity, adding that the work did not fall under the ambit of related party transactions.

Formalized through a letter of intent, the deal was free from related party transactions, it added.

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DPIL is a leading Indian integrated manufacturer of power transmission equipment, including cables and conductors.