Diamond Power Infrastructure, a leading integrated manufacturers of power cables and conductors, has received a supply order of ₹436 crore for the supply of high and low tension power cables for the 310 MW HYD22 to HYD26 Data Centre projects of L&T, Sterling & Wilson, Blue Star in Hyderabad.The scope covers the supply of about 21.35 lakh meters of cables, with deliveries commencing from August. The supply is staggered till March, 2027.The order is among the largest single cable supply orders in India’s data centre segment and reinforces the company’s position as a preferred supplier of power cables for mission-critical digital infrastructure, said the company.The recent investments announced in Data Centres will create a structural, multi-year demand wave for power cables. India’s installed data centre capacity reached roughly 1,700 MW in 2025 after a record year of new supply and industry projected growth of about 30 per cent in 2026.With a base-case projection, the capacity will touch 4–5 GW by 2030 and AI-accelerated scenarios pointing to 8–9 GW or more, said the company.Hyderabad, alongside Mumbai, Chennai and Delhi NCR, is among the fastest-growing hubs. Every megawatt of IT load requires extensive power infrastructure. Industry estimates place the wires and cables opportunity from India’s data centre EPC pipeline at about ₹4,600 crore over FY25–FY30.Umesh Chayya, Sr Vice PresidentSales & Marketing, Diamond Power Infrastructure said data centres are emerging as one of the most significant demand drivers for the Indian cable industry.This order for the 310 MW Hyderabad campus validates the company’s manufacturing capability, quality systems and delivery reliability for mission-critical infrastructure, he said.Besides data centres, various state governments are also enhancing their power infrastructure to attract fresh investments. Recently, Gujarat government has made a provision of ₹22,000 crore for laying underground cables as part of its effort to modernise urban and semi-urban distribution infrastructure.Incidentally, Incred Research initiated coverage on Diamond Power Infrastructure with a price target of ₹300. It said the company’s largest single location backward-integrated cable and underutilized conductor complex will benefit from the spurt in demand.In March, the company secured a significant order from Gujarat Energy Transmission Company for the supply of 66 kV Extra High Voltage power cables. The order involves the supply of about 270 km of 66 kV EHV cables and is slated to be executed in four months from the date of the purchase order.Shares of Diamond Power and Infrastructure hit a 52-week high of ₹232 on Wednesday.Published on July 8, 2026