Diamond Power Infrastructure Secures Rs 1.75 Billion Order

25 Mar 2025 CW Team

Diamond Power Infrastructure (DPIL) has received a Letter of Intent (LoI) from Associated Power Structures for the supply of AL-59 conductors worth Rs 1.75 billion, meeting the technical specifications set by GETCO.

The contract is awarded on a "Kms rate" basis with PV Formulae. DPIL, India’s largest single-location manufacturer of power cables and conductors, has an annual installed capacity of 9,600 km and operates five CCV lines, delivering energy-efficient solutions to a diverse clientele.

The scope includes key transmission projects such as the 400 kV double circuit (D/C) Chorania-Kosamba line and the 400 kV D/C Fedra-Sanand (Chharodi) line, both utilizing twin AL-59 (61/3.50) conductors and OPGW cables on a turnkey basis. Another major project is the 400 kV D/C Sanand (Chharodi)-Soja line, spanning 73.062 km via the LILO section of the 400 kV Halvad-Vadavi line at Sanand.

Additionally, DPIL will execute the 400 kV D/C Kalawad-Saurashtra line, which includes a 765 kV section covering 968 km. This project features twin AL-59 conductors, OPGW cables, and the AP-125 to the 765 kV Saurashtra gantry, all under a turnkey contract.

(projectstoday)

Image Source:www.insolvencytracker.in

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..