Power Transmission Company Secures Major 869 KM Conductor Order from Tata Power Renewable Energy

Prajwal DSIJ / 12 Mar 2026 / Categories: Mindshare, Trending

Power Transmission Company Secures Major 869 KM Conductor Order from Tata Power Renewable Energy

The stock gave multibagger returns of 5000 per cent in 5 years.

On Thursday, shares of Diamond Power Infrastructure Limited fell 0.36 per cent to Rs 136.82 per share from its previous closing of Rs 137.31 per share. The stock’s 52-week high is Rs 183.50and its 52-week low is Rs 86.20.

Diamond Power Infrastructure Limited (DICABS) has won a significant new contract from Tata Power Renewable Energy Limited (TPREL) to supply 869 kilometers of high-tech "ECO Conductors". These specialised power lines are designed to be more efficient than standard wires, helping to move electricity with fewer losses. The conductors will be deployed across multiple green energy sites in Tamil Nadu, Maharashtra, and Karnataka to help connect new renewable energy projects to the national power grid.

This deal is a big win for DICABS because it highlights their shift toward "Next-Generation" transmission technology. Their products carry a special certification for having an extremely low carbon footprint, which is becoming a requirement for modern energy projects. By securing this order from one of India's largest green energy developers, the company is proving its leadership in supporting the country’s transition to clean power.

About the company:

Diamond Power Infrastructure Limited (DPIL), headquartered in Vadodara, Gujarat, was formerly a comprehensive provider of power transmission and distribution (T&D) solutions in India. Operating under the "DIACABS" brand, the company manufactured a range of products, including conductors, cables, and transmission towers, in addition to offering EPC services. DPIL maintained a manufacturing facility in Vadodara and boasted a distribution network that covered 16 Indian states. The company's business primarily revolved around the manufacturing of power products and the provision of related services within the power transmission and distribution sector.

The company has a market cap of over Rs 7,256 crore., and working capital requirements have reduced from 34.5 days to 10 days. The stock gave multibagger returns of 5000 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.