Diamond Power Infrastructure Ltd receives LoI worth Rs. 99.94 crores

Diamond Power Infrastructure Limited has received a letter of intent from Reverence Infrastructure India LLP worth Rs. 99,94,50,000/- for supply of Power Cables.

The LoI is for supply of 11KV 240 sq. mm XLPE AI 3 core cable for Project under RDSS Scheme. The PO has been awarded on "Kms rate|basis with PV Formulae".

The order is to be executed by March, 2025.

Source : Equity Bulls

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