Diamond Power Infrastructure Secures Rs 52.86 Crore Order for Hyderabad Data Centre Cables

Rs 52.86 crore order received; Total Data Centre Order Book exceeds Rs 575 crore.

Reader Takeaway: New copper cable capacity utilized; Execution on dynamic schedules is key.

What just happened

Diamond Power Infrastructure Limited (DIACABS) announced it has received a Letter of Intent (LOI) from Aurionpro Solutions Limited for supplying High Tension (HT) and Low Tension (LT) electrical cables. The order, valued at Rs 52.86 crore including GST, is for a hyperscale data centre campus being built in Hyderabad.

The scope includes approximately 130 kilometers of various cables, such as 116 km of 1100 V grade, XLPE-insulated, FRLS-sheathed copper conductor cable, and 33 kV grade aluminium XLPE armoured FRLS cable. Supplies are set to begin immediately and will be delivered in stages, aligned with the data centre's construction timeline.

Why this matters

This order is significant as it is copper-intensive and utilizes Diamond Power's recently commissioned copper wire drawing and cable manufacturing line. This facility has a capacity of 1,500 MT per month and was specifically set up to cater to high-demand sectors like data centres and power plants. It marks the company's strategic move into producing copper-based cables.

The backstory

The company's investment in a new copper cable manufacturing line highlights its strategy to tap into the rapidly growing data centre infrastructure development in India. The Whole-time Director, Mr. Umesh Chayya, noted that the data centre segment is a fast-growing load centre. This order validates their investment and operational capability.

What changes now

This contract allows Diamond Power Infrastructure to gain further experience and solidify its position in the data centre supply chain. The company aims to become a preferred supplier for India's expanding data centre needs. The price variation is governed by the IEEMA formula, using April 2026 base indices.

Risks to watch

While the order is positive, investors should monitor the company's execution capability to meet the staggered delivery schedules, which are tied to dynamic construction programs. Competition in the infrastructure supply segment is also a factor to consider.

Peer comparison

Companies involved in electrical infrastructure and cable manufacturing, such as Polycab India, KEI Industries, and Havells India, also supply to various infrastructure projects. Diamond Power's focus on specialized cables for data centres indicates a niche strategy.

Context metrics (time-bound)

• Order Value (incl. GST): Rs 52.86 crore
• Total Data Centre Order Book: > Rs 575 crore
• Copper Line Capacity: 1,500 MT/month

What to track next

Investors should watch for the successful completion and delivery of this order, as well as the company's ability to secure more projects in the data centre and power sectors. Performance against the IEEMA price-variation mechanism will also be important.