- Business
- Diamond Power Infrastructure Limited (DIACABS.NS) manufactures and supplies a comprehensive range of power and distribution cables, conductors, and related products for the transmission, distribution, and generation sectors of the power industry. The company offers low-tension cables including armored and unarmored variants for industrial and domestic applications; high-tension and extra high-tension power cables up to 220 kV; aerial bunch cables and railway signaling cables; winding wires and enamelled copper wires; and specialized products such as fire survival cables, solar cables, and instrumentation cables. It also provides EPC services for turnkey power transmission and distribution projects, along with testing and commissioning services.
Founded in 1962 and headquartered in Hyderabad, India, Diamond Power Infrastructure operates primarily in the Indian market with manufacturing facilities across multiple states including Gujarat, Maharashtra, and Telangana. The company serves utilities, state electricity boards, private power producers, and industrial customers in the energy, infrastructure, and railways segments. Its product portfolio emphasizes compliance with international standards like IEC, BS, and IS, supporting national grid modernization and renewable energy initiatives.
In recent developments within the last two years, the company has focused on operational restructuring following its emergence from insolvency proceedings under India's IBC in 2023, with new management driving capacity utilization improvements and debt reduction. It announced expansions in solar cable production to capitalize on India's renewable energy push and secured orders for high-tension cables from state utilities in 2025. Additionally, strategic partnerships with raw material suppliers have enhanced supply chain resilience amid volatile copper prices.