| Diamond Power Infrastructure has received a contract confirmation / letter of award from Adani Energy Solutions (AESL) for the supply of AL59 aluminium alloy conductors for two of AESL's transmission projects. <p> The award covers the design, engineering, manufacture, testing, packing, dispatch and transportation on a Delivery-at-Place (DAP) basis of: <p> • 1,050 Km of AL59 Moose Conductor for the Tuticorin Project; and <br> • 3,770 Km of AL59 Zebra Conductor for the Pune-III Project.<p> The order is valued at Rs. 185.16 crore inclusive of packing, forwarding, freight and transit insurance, and exclusive of GST — aggregating to approximately Rs. 218.49 crore including GST. The contract is on a variable-price basis linked to aluminium LME and USD/INR movements through an agreed price variation formula, and the realised value may therefore differ. Deliveries are scheduled between July 2026 and February 2027. |