Diamond Power Commissions 7th MV/EHV Cable Line, Expands Capacity
Diamond Power Infrastructure Limited commissioned its 7th MV/EHV Cable Production Line using CCV technology. Three more lines are expected by March 31, 2027. This expansion strengthens their capacity in the high-growth MV and EHV Power Cable segment.
The expansion of manufacturing capacity and adoption of advanced technology are positive developments that can enhance the company's market position and revenue potential in the power cable segment.
The commissioning of a new production line and expansion plans indicate positive business development and growth prospects for the company.
Diamond Power Infrastructure Limited (DPIL) has announced the successful commissioning of its 7th Medium Voltage (MV) and Extra High Voltage (EHV) Power Cable Production Line at its Vadodara facility. This new line utilizes Continuous Catenary Vulcanisation (CCV) technology, a globally accepted method for manufacturing MV and EHV XLPE Power Cables.
This commissioning represents a significant step in the company's ongoing capacity expansion and technology upgradation program, further strengthening its integrated manufacturing capabilities. The company aims to cater to a wide range of sectors including utilities, renewable energy projects, industrial infrastructure, metro rail, smart cities, data centres, and transmission projects.
DPIL also announced that three additional MV/EHV Cable Lines are currently under installation and commissioning, with an expected operational date before March 31, 2027. This strategic focus on EHV and MV Power Cable leadership is driven by the anticipated multi-decade investment cycle in India and global power infrastructure, fueled by renewable energy expansion, grid modernization, and urban cabling needs.
The press release highlights the advantages of CCV technology, including superior insulation quality, lower partial discharge levels, enhanced electrical performance, improved reliability, capability for higher voltage grades, better process control, and compliance with international standards. The company believes the MV and EHV Power Cable industry is poised for sustained long-term growth.
Ms. Nivedita Pandya, Vice President, Engineering and Projects, stated, "The commissioning of our 7th MV/EHV CCV Line marks another important milestone in Diamond Power’s growth journey. The Company is making significant investments in advanced technologies and capacity expansion to strengthen its position in the high-growth MV and EHV Power Cable segment. With three additional lines under commissioning before March 2027, Diamond Power is building substantial manufacturing capabilities to cater to the rapidly growing demand from utilities, renewable energy projects, industrial infrastructure and urban power transmission networks. We believe the power transmission and distribution sector is entering a long-term structural growth cycle and Diamond Power is strategically positioned to capitalize on this opportunity."
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