Diamond Power Infrastructure Limited has commissioned a dedicated copper wire drawing and copper cable manufacturing line at its integrated manufacturing complex in Vadadala, Savli, Vadodara, Gujarat, marking its entry into the copper cable segment. Commercial production from the new line commenced on August 20, 2026. The line has an installed capacity of 1,500 MT per…
Diamond Power Infrastructure Limited (DICABS) has received a letter of intent from Purvanchal Vidyut Vitran Nigam Limited, a distribution company of Uttar Pradesh Power Corporation Limited (UPPCL), for the supply of 250 km of 33 kV high-tension (HT) cross-linked polyethylene (XLPE) cable. The order is valued at approximately Rs 61.04 crore, inclusive of GST. The…
Diamond Power Infrastructure Limited (DICABS) has received two purchase orders worth a combined Rs 195.48 crore, excluding GST, from Rajesh Power Services Limited for the supply of 11 kV medium-voltage underground power cables in Gujarat. The cables will be used for projects of Paschim Gujarat Vij Company Limited (PGVCL) under the State Disaster Mitigation Fund…
Diamond Power Infrastructure Limited (DIACABS) has raised Rs 1,613.97 crore through a Qualified Institutional Placement (QIP), issuing 7,11,00,000 equity shares to domestic and international institutional investors. The QIP opened on July 23, 2026, and closed on July 28, 2026. Shares with a face value of Rs 1 each were allotted at Rs 227 per share,…
Diamond Power Infrastructure Limited (DPIL) has received a Letter of Award (LoA) from Adani Energy Solutions Limited (AESL) for the supply of aluminium alloy conductors for two transmission projects. The contract is valued at approximately Rs 185.16 crore, excluding taxes. The order covers the design, engineering, manufacturing, testing, packing and transportation of conductors on a…
Diamond Power Infrastructure Limited (DICABS) has secured a supply order worth Rs 435.71 crore, excluding GST, from a consortium comprising Larsen & Toubro (L&T), Sterling and Wilson, and Blue Star. The order covers the supply of High Tension (HT) and Low Tension (LT) power cables for the 310 MW HYD22 to HYD26 data centre projects…
Diamond Power Infrastructure reported strong growth in revenue and profitability for the quarter and financial year ended March 31, 2026, supported by demand from power infrastructure, renewable energy, transmission, distribution and data centre sectors. For FY26, revenue from operations rose 71% year-on-year to Rs 1,911 crore from Rs 1,115.39 crore in FY25. Earnings before interest,…
Diamond Power Infrastructure Limited has commissioned its seventh medium voltage (MV) and extra high voltage (EHV) power cable production line at its manufacturing facility in Vadodara, Gujarat. The newly operational line uses Continuous Catenary Vulcanisation (CCV) technology for the production of MV and EHV cross-linked polyethylene (XLPE) power cables. According to the company, the commissioning…
Diamond Power Infrastructure Limited has received a Letter of Intent (LoI) from Adani Electricity Mumbai Limited for the supply of cables valued at Rs 45.47 crore (Rs 45,47,45,592), inclusive of Goods and Services Tax (GST), the company disclosed to stock exchanges on Wednesday. The contract, awarded by the Mumbai-based power distribution company, will be executed…