Diamond Power Infrastructure has won a significant supply order worth ₹435.71 crore for High Tension and Low Tension power cables. These cables are destined for 310 MW data center projects in Hyderabad, supplied to major clients like L&T and Blue Star. The order is crucial for the company's expansion into the growing data center infrastructure sector.
Diamond Power Wins ₹435.71 Crore Data Center Cable Order
Diamond Power Infrastructure Limited has secured a significant supply order valued at ₹435.71 crore.
What just happened
Diamond Power Infrastructure has received a new order totaling ₹435.71 crore. The order is for supplying High Tension (HT) and Low Tension (LT) power cables required for 310 MW Data Center projects. These cables will be supplied to L&T, Sterling and Wilson, and Blue Star. The total quantity of cables to be supplied is approximately 21.35 lakh meters, with deliveries scheduled between August 2026 and March 2027.
Why this matters
This substantial order demonstrates Diamond Power's growing capability in the critical data center infrastructure segment, which is currently experiencing high demand. It also validates the company's manufacturing and supply chain strengths, aligning it with major domestic EPC contractors.
The backstory
Diamond Power Infrastructure is a manufacturer of power equipment. Securing large orders from established players like L&T and Blue Star validates its operational capabilities and market position.
What changes now
The company will now focus on the execution of this order, which is scheduled to commence in August 2026 and continue until March 2027. This new order boosts the company's order book and revenue visibility for the upcoming fiscal years.
Risks to watch
While the order is significant, the delivery timeline extends to March 2027. Successful and timely execution, along with managing potential raw material price fluctuations, will be key. The contract uses the IEEMA Price Variation formula, which helps mitigate some raw material risk.
Peer comparison
This order places Diamond Power Infrastructure alongside other key suppliers in the power infrastructure segment, particularly those catering to specialized needs like data centers. Companies like KEI Industries, Polycab India, and Skipper Ltd. are also active in the power cable market.
Context metrics (time-bound)
- Order Value: ₹435.71 crore (exclusive of GST)
- Total Cable Supply: 21,35,324 meters (1,89,404m HT, 19,45,920m LT)
- Execution Period: August 2026 – March 2027
What to track next
Investors will be looking for updates on project execution progress and the company's financial performance in the coming quarters as it gears up for deliveries starting in August 2026.