Diamond Power Secures Rs 409 Cr Orders from Adani Green Energy
10 Jul 2024
2 Min Read
CW Team
Diamond Power Infrastructure Limited has clinched a substantial contract worth Rs 409 crore from Adani Green Energy for the supply of cables. This agreement underscores Diamond Power's pivotal role in bolstering India's renewable energy infrastructure, particularly in the crucial area of transmission and distribution.
The contract signifies a strategic partnership aimed at supporting Adani Green Energy's ambitious renewable energy projects across India. Diamond Power, renowned for its expertise in electrical transmission solutions, will provide essential cables necessary for the efficient transmission of renewable energy from generation sites to end consumers.
Adani Green Energy, a prominent player in the renewable energy sector, continues to expand its portfolio with a strong focus on sustainable power generation. The procurement of cables from Diamond Power aligns with Adani Green Energy's commitment to enhancing grid connectivity and reliability, essential for scaling up renewable energy capacities nationwide.
This collaboration underscores the broader industry's efforts to strengthen India's energy infrastructure, mitigate transmission losses, and optimize the efficiency of renewable energy integration into the national grid. By investing in high-quality cables, both companies aim to ensure robust and reliable electricity transmission, crucial for meeting India's growing energy demands sustainably.
Diamond Power's ability to secure such a significant contract highlights its competitive edge and reliability in delivering critical infrastructure solutions for the renewable energy sector. The partnership is expected to not only facilitate smoother project execution for Adani Green Energy but also contribute to India's renewable energy goals by improving transmission efficiency and reliability.
As India accelerates its transition towards cleaner energy sources, collaborations like these play a vital role in driving innovation, enhancing operational efficiencies, and supporting sustainable economic growth in the renewable energy sector.
Diamond Power Infrastructure Limited has clinched a substantial contract worth Rs 409 crore from Adani Green Energy for the supply of cables. This agreement underscores Diamond Power's pivotal role in bolstering India's renewable energy infrastructure, particularly in the crucial area of transmission and distribution.
The contract signifies a strategic partnership aimed at supporting Adani Green Energy's ambitious renewable energy projects across India. Diamond Power, renowned for its expertise in electrical transmission solutions, will provide essential cables necessary for the efficient transmission of renewable energy from generation sites to end consumers.
Adani Green Energy, a prominent player in the renewable energy sector, continues to expand its portfolio with a strong focus on sustainable power generation. The procurement of cables from Diamond Power aligns with Adani Green Energy's commitment to enhancing grid connectivity and reliability, essential for scaling up renewable energy capacities nationwide.
This collaboration underscores the broader industry's efforts to strengthen India's energy infrastructure, mitigate transmission losses, and optimize the efficiency of renewable energy integration into the national grid. By investing in high-quality cables, both companies aim to ensure robust and reliable electricity transmission, crucial for meeting India's growing energy demands sustainably.
Diamond Power's ability to secure such a significant contract highlights its competitive edge and reliability in delivering critical infrastructure solutions for the renewable energy sector. The partnership is expected to not only facilitate smoother project execution for Adani Green Energy but also contribute to India's renewable energy goals by improving transmission efficiency and reliability.
As India accelerates its transition towards cleaner energy sources, collaborations like these play a vital role in driving innovation, enhancing operational efficiencies, and supporting sustainable economic growth in the renewable energy sector.
Next Story
Dassault To Build Falcon Jets In India With Reliance
Reliance Infrastructure Ltd鈥檚 subsidiary, Reliance Aerostructure, has signed an agreement with France鈥檚 Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a 鈥渟ymbol of India鈥檚 technological and manufacturing strength鈥�, adding that it aims..
Next Story
INDEA Lays Foundation for India鈥檚 First Auto Design School
The Indian School for Design of Automobiles (INDEA), the country鈥檚 first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India鈥檚 transition from a cost-driven to a quality-led a..
Next Story
Karnataka Launches Global Innovation Hub at Airport City
The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India鈥檚 innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..
