Diamond Power Infrastructure Secures Rs 435.71 Crore Order for HT and LT Cables for Hyderabad Data Center Projects

Diamond Power Infrastructure Secures Rs 435.71 Crore Order for HT and LT Cables for Hyderabad Data Center Projects​

Diamond Power Infrastructure Limited has secured a substantial supply order valued at Rs 435,71,13,171/- for the provision of High Tension (HT) and Low Tension (LT) Power Cables destined for major data center projects in Hyderabad. This significant contract reinforces the company's standing as a preferred supplier within the mission-critical digital infrastructure segment.

The order pertains to the 310 MW HYD22 to HYD26 Data Center Projects located in Hyderabad, Telangana. The project execution will be managed by Larsen & Toubro Ltd (HYD22 & 23), Sterling and Wilson Ltd (HYD24 & 25), and Blue Star (HYD26).

The contract scope involves the supply of approximately 21,35,324 meters of cables in aggregate. The HT Cable portion stands at 1,89,404 meters, while the LT Cable requirement is 19,45,920 meters. The delivery terms are set for DAP - Hyderabad.

The contract details and schedule are as follows:

Demand Wave in Data Center Power Infrastructure​

The contract win comes amid a structural demand wave emerging from India's rapidly expanding data center sector. Industry estimates indicate that the wires and cables opportunity stemming from India's data center EPC pipeline could reach approximately Rs 4,600 crore over the fiscal years FY25 to FY30. This market segment is part of a total data center EPC opportunity estimated at about Rs 46,400 crore.

The growing need for power infrastructure in these high-tech facilities includes incoming HT feeders, transformer and switchgear interconnections, as well as dense LT distribution to rack-level loads and uninterruptible power supply (UPS) systems. Hyderabad, along with other hubs like Mumbai, Chennai, and Delhi NCR, is noted as one of the fastest-growing markets in this sector.

Management at Diamond Power Infrastructure highlighted the significance of the order. Umesh Chayya, Senior Vice President Sales & Marketing, stated that "Data centers are emerging as one of the most significant demand drivers for the Indian cable industry." He added that the 310 MW Hyderabad campus order validates the company's manufacturing capability, quality systems, and delivery reliability for mission-critical infrastructure, calling it amongst the largest Data Center order for Power Cables in the country.

Diamond Power Infrastructure Limited is an integrated manufacturer providing a range of power transmission equipment, including LV, MV, HV, and EHV power cables, as well as fire-resistant and flame-retardant cables, serving sectors such as infrastructure, renewables, oil & gas, real estate, and data centers.

DIACABS Stock Price Movement​

Diamond Power Infrastructure Limited shares slipped on Friday, closing down 5.34% to settle at ₹198.89 after trading in a tight range. The stock traded a volume of 5.3 million shares, hitting a day low of ₹197.5 during the session.