Diamond Power Infrastructure board approves capex of Rs 170 cr for integrated polymer complex

At meeting held on 03 November 2026

The board of Diamond Power Infrastructure at its meeting held on 03 November 2026 has granted in-principle approval for a capital expenditure plan of Rs 170 crore for an Integrated Polymer Complex at Vadodara, to be built in two phases. The complex will manufacture PVC/FRLS compounds, silane and peroxide cross-linked XLPE compounds, and super-clean XLPE compounds for cables rated up to 400 kV.

Once completed, it is expected to be India's first super-clean cable-grade polymer facility. It would also make the Company the only Indian cable manufacturer with a fully integrated value chain, from aluminium rod to 400 kV insulation.