Diamond Power Infrastructure Limited has informed the Exchange about Commencement of commercial production/operations
DIACABS · price
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Diamond Power Infrastructure's wholly owned subsidiary DICABS NextGen Special Alloys has started commercial production at its second fully integrated aluminium rod mill in Vadodara, Gujarat. The new mill has an installed capacity of 2,500 MT per month (30,000 MT per annum) and will manufacture AL 59 Wire Rods, an advanced aluminium-based alloy designed for high-efficiency power transmission conductors. The company invested Rs. 20 crores, funded entirely through internal accruals. With this addition, total wire rod capacity across the company and subsidiary has reached 73,200 MT per annum, with one more rod mill yet to be commissioned out of the planned three.
This capacity expansion strengthens the company's ability to serve growing demand from power utilities for transmission corridor upgrades, renewable energy integration, and urban distribution improvements, and is expected to positively contribute to the top line. The fact that expansion is being funded through internal accruals rather than debt reflects a healthy balance sheet position.