Diamond Power Infrastructure Limited — Important, 22-02-2025: Capacity addition

Diamond Power Infrastructure Limited has commenced a new Medium Voltage (MV) extrusion line at its Vadodara plant, adding to its existing capabilities. With this addition, the company now operates five MV cable lines, capable of producing 800 km of cables per month, with plans to increase production capacity to 1,350 km by September 2025. This expansion involves commissioning an additional line by March 2025 and aims to meet rising demand in various sectors, including renewable energy projects and industrial applications. The total investment required for this capacity addition is Rs 1,200 Cr, financed through internal funds. This strategic move positions the company for growth in the competitive MV cables market, suggesting a positive outlook for future revenue generation. Investors should watch closely for further developments as capacity increases.