Diamond Power Infrastructure Limited has announced the successful commissioning of its 8th MV/EHV Power Cable Production Line at its manufacturing facility in Vadodara, Gujarat. This expansion is aimed at meeting the growing demand for the company's products. The new production line adds a capacity of 150 kilometers per month to the existing capacity of 1050 kilometers per month. The company has invested ₹30 crore in this expansion, which has been financed through internal accruals. The current capacity utilization of the facility stands at 60%. This strategic capacity addition is expected to bolster the company's market position and cater to increasing customer requirements.
