Diamond Power Infra gains after securing power cables supply order worth Rs 116 crore
Mumbai, Sept. 21 -- The orders have been received directly from a Gujarat-based EPC contractor executing underground cabling projects for state power distribution companies in Gujarat.
The orders cover approximately 655 km of 11 kV three-core aluminium XLPE cables in sizes of 300, 240, 95 and 70 square millimeter, to be supplied for urban underground distribution projects in the Bhavnagar and Ahmedabad regions.
The cables will be manufactured at the company's integrated plant near Vadodara, which draws aluminium from DICABS' own rod mills, and will be supplied in lots against manufacturing clearances, subject to utility-specified inspection and testing.
Kavish Shah, vice president, Diamond Power Infrastructure, said: "Gujarat's distrib...
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