Diamond Power receives Rs.435-crore cable supply order for data centres
- July 6, 2026
Diamond Power Infrastructure Ltd (DPIL) has announced the winning of an order worth over Rs.435 crore to supply cables for upcoming data centre projects in Hyderabad.
In a regulatory filing, said that the order, valued at Rs.435.71 crore (exclusive of GST), related to HT and LT cables, to be supplied to upcoming data centre projects (HYD22 to HYD26) in Hyderabad, Telangana.
The data centre projects, aggregating 310 MW capacity, are being executed by Larsen & Toubro (HYD22 and HYD23), Sterling and Wilson (HYD24 and HYD25) and Blue Star (HYD26).
The supply involves 21.35 lakh meters of cables comprising 1.89 lakh meters of HT cable and 19.46 lakh meters of the LT variant. There is a quantity tolerance of ±2 per cent on the total cable supplied, the DIPL filing said.
Deliveries are expected to commence in the first week of August 2026 and will completed in a staggered manner till March 2027.
The contract value is inclusive of packing & forwarding as well as freight & transit insurance. The mandate is safeguarded by the IEEMA price variation (PV) formula with April 2026 IEEMA indices taken as the base, the filing noted.
“This is among the larger single cable supply orders in India’s data center segment and reinforces the company’s position as a preferred supplier of power cables for mission-critical digital infrastructure,” DIPL said.
Huge opportunity from data centres
India’s data center build-out is creating a structural, multi-year demand wave for power cables. India’s installed data center capacity reached roughly 1,700 MW in 2025 after a record year of new supply, and industry forecasts project around 30 per cent growth in 2026, with base-case projections of 4–5 GW by 2030 and AI-accelerated scenarios pointing to 8–9 GW or more.
Hyderabad, alongside Mumbai, Chennai and Delhi NCR, is among the fastest-growing hubs. Every megawatt of IT load requires extensive power infrastructure — incoming HT feeders, transformer and switchgear interconnections, and dense LT distribution to UPS systems, PDUs and rack-level loads.
Industry estimates place the wires & cables opportunity from India’s data center EPC pipeline at roughly Rs.4,600 crore over FY25–FY30, within a total data center EPC opportunity of about Rs.46,400 crore, with the demand mix favoring high-specification products such as LSZH/FRLS, fire-survival, HT/EHV and high-current LT cables, the DIPL communication added. (Note: LSZH: Low-smoke, zero halogen; FRLS: fire retardant, low smoke)
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