Press Release
DIACABS · price
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Diamond Power Infrastructure Limited has announced the successful commissioning of its 7th MV/EHV Power Cable Production Line at its Vadodara facility in Gujarat. The new line uses Continuous Catenary Vulcanisation (CCV) technology, which is considered globally advanced for manufacturing Medium Voltage and Extra High Voltage XLPE Power Cables. This commissioning strengthens the company's integrated manufacturing capabilities for cables used in utilities, renewable energy projects, metro rail, smart cities, data centres, and transmission networks. The company also disclosed that three additional MV/EHV Cable Lines are under installation and expected to be operational before March 31, 2027, representing continued capacity expansion. Management views this as positioning the company to benefit from India's multi-decade power infrastructure investment cycle driven by renewable energy growth, urban underground cabling, and grid modernization.
This expansion signals Diamond Power's commitment to scaling operations in the high-growth MV/EHV cable segment, which could improve its market share and revenue potential as India's power infrastructure spending accelerates. The additional capacity planned by March 2027 suggests ongoing capital investment that may support future earnings growth.