Diamond Power Infrastructure has won a significant supply order worth ₹435.71 crore for high-tension and low-tension power cables. The order is for 310 MW data center projects in Hyderabad and will be executed between August 2026 and March 2027.
Diamond Power Infrastructure Wins Major Data Center Cable Order
Diamond Power Infrastructure Limited has announced a significant order win valued at ₹435.71 crore (exclusive of GST) for supplying High Tension (HT) and Low Tension (LT) power cables. These cables are destined for 310 MW Data Center Projects in Hyderabad, specifically for phases HYD22 through HYD26.
Reader Takeaway: Large order boosts revenue visibility; IEEMA pricing to manage margin risks.
What just happened
The company will supply approximately 21,35,324 meters of cables, comprising 1,89,404 meters of HT cables and 19,45,920 meters of LT cables. Key clients for this project include Larsen & Toubro, Sterling and Wilson, and Blue Star, who are executing different phases of the data center development.
Why this matters
This order significantly enhances Diamond Power Infrastructure's order book and provides clear revenue visibility for the upcoming fiscal years. The data center segment is a high-growth area, and securing contracts with major players like L&T positions the company strategically in this critical infrastructure supply chain.
The backstory
Diamond Power Infrastructure has been focusing on expanding its manufacturing capabilities and product quality to cater to mission-critical infrastructure projects. The company views the data center sector as a long-term demand driver for the power cable industry.
What changes now
The company will commence deliveries in the first week of August 2026, with the entire supply chain expected to be completed by March 2027. The pricing mechanism, linked to the IEEMA PV formula using April 2026 indices, aims to protect the company from raw material price fluctuations.
Risks to watch
Investors will be keen to monitor the company's execution capabilities to meet the delivery schedule through March 2027. The effectiveness of the IEEMA-linked pricing in safeguarding margins against input cost volatility will also be a key factor.
Peer comparison
While specific peer data isn't provided in the filing, the inclusion of major contractors like Larsen & Toubro and Blue Star suggests Diamond Power is competing with established suppliers in the infrastructure cable market.
Context metrics (time-bound)
- Order Value: ₹435.71 crore
- Total Cable Quantity: ~21,35,324 meters
- Execution Period: August 2026 - March 2027
What to track next
Investors should track the company's progress in commencing and completing deliveries as per schedule and look for any commentary on margin performance in future financial reports.