Diamond Power Infrastructure Wins Rs 52.86 Cr Hyderabad Data Centre Contract
By ThePip Desk
Diamond Power Infrastructure secures a Rs 52.86 crore LoI from Aurionpro Solutions for a Hyderabad hyperscale data centre project, boosting its stock.
Diamond Power Infrastructure (BSE: DPIL) shares climbed 1.66% on the BSE, trading at Rs. 362.00, following the announcement of a significant Letter of Intent. This LoI, valued at Rs 52.86 crore, is specifically for a hyperscale data centre campus in Hyderabad.
- Current Trading Price: Rs. 362.00
- Day’s Gain: 1.66% (up 5.90 points)
- Previous Closing Price: Rs. 356.10
- Shares Traded: 9552
- Current Market Capitalization: Rs. 21635.22 crore
New Contract Details
The contract, awarded by Aurionpro Solutions, names Diamond Power Infrastructure for the supply of HT and LT electrical cables. Aurionpro Solutions is the appointed EPC contractor for the HYD-20 package of the Hyderabad data centre campus.
- LoI Value: Rs 52.86 crore (Including GST)
- Contract Basis: Price-variation under the IEEMA formula
- Base Indices: April 2026
- Delivery: Staggered basis to DAP Hyderabad
The package is notably copper-intensive, encompassing approximately 130 kilometres of cable. Over 116 kilometres consists of 1100 V grade, XLPE-insulated, FRLS-sheathed 1C x 300 sq mm copper conductor cable, serving as the backbone for high-density server halls.
- Additional Cables: 33 kV (E) grade aluminium XLPE armoured FRLS cable
- Further Cables: 1.1 kV aluminium armoured LT power cables and copper control cables
- Specifications: Built to client’s IEC 61914 cleat and fire-performance standards
Strategic Shift to Copper Cables
This order leverages the company’s recently commissioned copper wire drawing and copper cable manufacturing line, which boasts a capacity of 1,500 MT of copper cables per month. This new line was established specifically to cater to high-intensity power applications, including data centres and power plants.
The development marks Diamond Power Infrastructure’s strategic entry into the copper-based cables market, complementing its established business in aluminium cables and conductors. The company’s core operations involve manufacturing and selling conductors, cables, and transmission towers.
The company’s shareholding structure indicates promoters hold 84.02%, while institutions and non-institutions hold 1.99% and 13.98% respectively. The stock’s 52-week high stands at Rs. 379.00 recorded on August 12, 2026, against a 52-week low of Rs. 115.80 on February 2, 2026.