Diamond Power (DICABS) Secures ₹435.7 Crore Cable Order for Hyderabad Data Centers

Diamond Power Infrastructure Limited (DICABS) has secured a major supply order worth ₹435.71 crore (excluding GST) for High Tension (HT) and Low Tension (LT) power cables. The cables will be deployed in the 310 MW HYD22 to HYD26 Data Center Projects in Hyderabad, Telangana. Key Deal Highlights: Order Scope: Supply of approximately 21.35 million meters of cables, comprising 1.89 lakh meters of HT cables and 19.45 lakh meters of LT cables. Execution Partners: The project involves top-tier EPC contractors, including L&T (HYD22 & 23), Sterling and Wilson (HYD24 & 25), and Blue Star (HYD26). Timeline & Terms: Staggered deliveries will commence in the first week of August 2026 and conclude by March 2027. The contract is on a DAP (Delivered At Place) Hyderabad basis, with pricing protected by a variation formula linked to April 2026 IEEMA indices. Strategic Significance: Market Leadership: This is recognized as one of the largest single cable supply orders within India’s rapidly expanding data center segment. Sector Tailwinds: The order perfectly capitalizes on the multi-year infrastructure boom in digital real estate, specifically leveraging Hyderabad's emergence as a premier hyperscale data center hub. Mission-Critical Credibility: Supplying to high-stakes data center projects validates DICABS’s manufacturing capabilities and positions it as a preferred, trusted vendor for mission-critical digital infrastructure. Outlook: This mega-order provides exceptional revenue visibility for the remainder of FY27 and solidifies DICABS's footprint in the high-margin data center vertical. $DIACABS