Diamond Power Infrastructure has received a letter of intent from Tata Power Renewable Energy Limited for the supply of AL-59 Eco Conductors. The order is valued at ₹31,51,08,490, inclusive of GST.
The contract involves the supply of 869 km of AL-59 Eco Conductors, which are to be delivered within four months from the date of the purchase order. The order, awarded by a domestic entity, does not fall under related party transactions, and there is no interest from the promoter group in the awarding entity.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).
This article is written by Business Desk and reviewed by Aman Shukla before publication.