
Deals22 Aug 2026, 07:30 pm
Diamond Power Bags ₹52.86 Cr Cable Supply Deal for Hyderabad Data Centre
AI Summary
Diamond Power Infrastructure Limited has received a Letter of Intent (LOI) from Aurionpro Solutions Limited for the supply of HT and LT electrical cables to a hyperscale data centre campus in Hyderabad. The aggregate order value is ₹52.86 crore (including GST). The supplies will commence immediately and are scheduled on a staggered basis aligned with the construction program. The order comprises approximately 130 kilometers of cable, with a significant portion being copper conductor cable, leveraging the company's recently commissioned copper wire drawing and cable manufacturing line. This deal marks an entry into copper-based cables for high-intensity power applications like data centers.
Key Highlights
- Secured ₹52.86 crore LOI for cable supply to Hyderabad data centre.
- Order includes specialized copper and aluminum cables for high-density server halls.
- Leverages new copper cable manufacturing capacity.
- Supplies commence immediately on a staggered basis.
- Transaction is at arm's length and not a related party deal.
Price Impact
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