Diamond Power secures ₹435 crore cable deal, Hyderabad data centres fuel fresh order boost

Mumbai: Diamond Power Infrastructure Limited has secured a significant order valued at ₹435.71 crore for the supply of High Tension (HT) and Low Tension (LT) power cables. The order is for multiple data centre projects in Hyderabad.

Data Centre Projects

These cables will be supplied for the 310 MW HYD22 to HYD26 Data Center Projects located in Hyderabad, Telangana. The projects are being executed by L&T, Sterling and Wilson, and Blue Star.

Order Value and Scope

The total value of the order is ₹435.71 crore, exclusive of Goods and Services Tax (GST). The company will supply approximately 21.35 lakh meters of cables. This includes 1.89 lakh meters of HT cables and 19.46 lakh meters of LT cables.

Execution Timeline

Deliveries for the order are scheduled to begin in the first week of August 2026. The company expects to complete the supply in a staggered manner by March 2027.

Business Context

The company stated that the order has been received in the ordinary course of business and at arm’s length. It does not fall within related party transactions.

Management Comment

Umesh Chayya, Senior Vice President of Sales and Marketing at Diamond Power Infrastructure, commented that data centres are emerging as major demand drivers for the Indian cable industry. He added that the order validates the company’s manufacturing capability and delivery reliability for critical infrastructure.

Disclaimer: This story is based on company exchange filings and is for informational purposes only. Investors should evaluate risks before making decisions.

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