Diamond Power Infrastructure has secured a Rs 76.06 crore order to supply 66 kV EHV underground cables for a Gujarat transmission project. The contract involves delivering 293 km of cable, with an execution speed of 50 km per month. This order reinforces the company’s focus on high-margin, specialized power infrastructure segments, providing revenue visibility as India scales its energy transmission capacity.
Diamond Power Secures Rs 76 Crore EHV Cable Order
Order Value: Rs 76.06 crore (including GST)
Execution pace: 50 km per month
Reader Takeaway: This high-margin win validates specialized EHV capacity growth; monitor execution pace against project deadlines.
What just happened
Diamond Power Infrastructure Limited (DICABS) has received a Letter of Acceptance for a major supply order from a domestic private-sector EPC contractor. The deal involves the provision of 293 km of 66 kV Extra High Voltage (EHV) underground power cables for a transmission project in Gujarat. The contract is valued at Rs 76.06 crore, inclusive of GST.
Why this matters
The supply of 66 kV and above cables is considered a high-realization segment for the company. These products require specialized manufacturing technology, including triple-extrusion CCV lines and corrugated metallic sheathing. By securing this order, Diamond Power strengthens its footprint in the critical transmission infrastructure sector, which is currently seeing high demand due to renewable energy integration and industrial development.
Execution and Timeline
The order schedule is pegged at approximately 50 km per month, starting from the date of manufacturing clearance. This steady flow of production is designed to support the ongoing transmission infrastructure projects in Gujarat. The management, led by Whole-time Director Umesh Chhayya, emphasized that the contract reflects industry confidence in the company’s EHV manufacturing capabilities.
Strategic Context
Diamond Power has been actively expanding its production capacity for Medium Voltage and EHV cables to tap into the nationwide push for transmission upgrades. The company has invested in new CCV and corrugation lines to handle complex cable specifications, positioning itself to capture demand from data centers, utility projects, and renewable energy clusters.
What to track next
Investors should monitor the quarterly updates regarding the pace of production and the timely completion of the 50 km per month delivery cycle. Success in this project could serve as a reference point for future EHV orders, as the company continues to pivot its portfolio toward higher-margin, technical product offerings.