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Diamond Power bags ₹236 crore order from Adani Energy for Jamnagar project

Published on 13/09/2025 04:36 PM

Diamond Power bags ₹236 crore order from Adani Energy for Jamnagar projectDiamond Power Infrastructure has secured a ₹236 crore order from Adani Energy Solutions for supply of conductors to Jamnagar.By Sheersh Kapoor   September 13, 2025, 4:36:27 PM IST (Published)1 Min ReadDiamond Power Infrastructure Limited announced on Friday that it has received a letter of intent from Adani Energy Solutions Limited for the supply of 5,403 kilometres of AL-59 Zebra Conductor for the Jamnagar Project.

The order is valued at ₹236.71 crore, inclusive of taxes, and is to be executed by 30 June 2026, according to the company’s exchange filing.

The award is on a kilometre-rate basis with price variation formulae, reflecting the large-scale requirements of the Jamnagar project. Diamond Power clarified that the contract does not constitute a related party transaction and that its promoter group has no interest in Adani Energy.

Also Read: RailTel wins multiple orders worth over ₹600 cr from Bihar Education Project Council

On Friday, shares of Diamond Power Infrastructure closed at ₹149.25 apiece on the NSE, up 1.23% from the previous close.

The company, headquartered in Gujarat, positions this win as a significant boost to its order book and a reaffirmation of its capabilities in India’s power transmission sector.

Also Read: Adani Power wins 2,400 MW thermal power project in Bihar’s BhagalpurContinue ReadingCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsAdani Energy SolutionsJamnagarorder winshare market today