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Diamond Power Infrastructure repays **₹501 crore** in cash and issues **₹1,900 crore** in 30-year redeemable bonds to resolve its debt under the **National Company Law Tribunal (NCLT)** mechanism. The company secures a structured exit by converting secured debt obligations into long-term bonds. The move follows a formal insolvency resolution process.
Sep 2026business-standard.comNews article
Diamond Power Infrastructure secures a Rs 60.53 crore letter of intent from Gujarat Energy Transmission Corporation (GETCO) for the supply of transmission cables. The order highlights the company’s expansion in high-voltage cable manufacturing and its growing role in India’s power infrastructure sector. GETCO, a state-owned transmission utility, relies on such partnerships to modernize Gujarat’s electrical grid.
Mar 2026business-standard.comNews article
Diamond Power Infrastructure wins a **Rs 66.18-crore contract** from Hild Projects to supply power cables. The deal marks a significant order for the infrastructure company’s electrical solutions division. No further project details or timelines are disclosed.
Dec 2025business-standard.comNews article
Diamond Power Infrastructure secures a ₹236 crore contract from Adani Energy Solutions to supply **5,403 km of AL-59 Zebra Conductor** for the **Jamnagar Project**. The order follows a letter of intent issued by Adani Energy. The project involves critical transmission infrastructure for Adani’s energy developments.
Sep 2025CNBCTV18News article