Diamond Power Infrastructure Limited — Important, 17-02-2025: Capacity addition
17-02-2025 | 03:07 pm
17-02-2025 | 03:07 pm
Diamond Power Infrastructure Limited has commenced commercial production of a new Medium Voltage (MV) extrusion line at its Vadodara plant, capable of producing 175 kilometers of MV cables per month. This adds to the company's existing three lines, which produce a total of 600 kilometers monthly. With plans to expand to nine MV cable lines by September 2025, production capacity is expected to increase to 1,350 kilometers monthly. This strategic capacity addition, backed by an investment of ₹12 crore, will enhance the company’s ability to meet demand in the industrial and renewable energy sectors, positioning it for potential growth.
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