Diamond Power Commissions Seventh MV/EHV Cable Production Line

Mumbai, May 15: Diamond Power Infrastructure Limited announced the commissioning of its seventh Medium Voltage (MV) and Extra High Voltage (EHV) power cable production line at its Vadodara manufacturing facility.

The newly commissioned line is based on Continuous Catenary Vulcanisation (CCV) technology used for manufacturing MV and EHV XLPE power cables, according to a company release.

The company stated that the commissioning forms part of its ongoing capacity expansion and technology upgradation programme aimed at strengthening its position in the MV and EHV cable segment.

According to the company, the new production line will cater to utilities, renewable energy projects, metro rail systems, industrial infrastructure, smart cities, data centres and underground power distribution networks.

Diamond Power further disclosed that three additional MV/EHV cable lines are currently under various stages of installation and commissioning and are expected to become operational before March 31, 2027.

The company highlighted that CCV technology improves insulation quality, lowers partial discharge levels, enhances electrical performance and enables production of higher voltage grade cables compliant with international standards.

As per the company’s statement, increasing investments in renewable energy, underground cabling, smart grids and power transmission infrastructure continue to support long-term demand growth in the MV and EHV cable industry.

Nivedita Pandya, Vice President, Engineering and Projects, stated that the latest commissioning marks another milestone in Diamond Power’s manufacturing expansion strategy focused on advanced cable technologies.

Stock Market Snapshot

Diamond Power Infrastructure share price traded higher on May 15, 2026, following the commissioning announcement.

As of 3:30 PM IST on May 15, 2026, the stock was trading at ₹196.60 on the National Stock Exchange, up 2.40% from the previous close of ₹191.99, according to exchange data.

The Diamond Power share price moved between ₹192 and ₹204.80 during the trading session. The stock also touched its 52-week high level of ₹204.80 during the day.

The company’s market stood at approximately ₹10,360 crore based on exchange data.

Company Background

Diamond Power Infrastructure Limited manufactures MV and EHV power cables along with related transmission and distribution products.

The company operates manufacturing facilities focused on cables and power infrastructure products catering to utilities, renewable energy developers, industrial customers and infrastructure projects.

The MV and EHV cable segment is witnessing increasing demand driven by renewable energy integration, underground transmission systems, urban electrification and smart grid investments.

Conclusion

The commissioning of the seventh CCV-based cable production line strengthens Diamond Power Infrastructure’s manufacturing capacity in the high-growth MV and EHV cable segment.

The company’s expansion plans also indicate continued focus on technology-led manufacturing capabilities amid rising investments in India’s power transmission and infrastructure sectors. The stock traded higher following the announcement.

Source:

• https://www.nseindia.com/get-quote/equity/DIACABS/Diamond-Power-Infrastructure-Limited
• https://nsearchives.nseindia.com/corporate/DIACABS_15052026124612_Press_Release15052026.pdf