Diamond Power commences trial production
Diamond Power Infrastructure Ltd (DPIL) has announced the commencement of trial production at its transmission tower facility. The state of the art facility located at Village Vadadala Ta Savli, Dist Vadodara, has been set up at an investment of Rs 40 crore and is capable of manufacturing all types of towers with a capacity of 48,000 MT per annum.
On the occasion of commencement of trial production, the company’s Managing Director, Amit Bhatnagar said, "With commencement of the trial production at our state of the art tower manufacturing facility, especially the CNC equipment from VERNET, we are confident that our plant will be ready for commercial production in next 30-40 days. With commencement of this facility the company’s vertical integration will be complete and will result in better synergies for its EPC division."
About Diamond Power Infrastructure Ltd (BSE code: 522163): Diamond Power Infrastructure (DPIL) is an integrated turnkey player with strong presence in cables and transformers. It manufactures a complete range of products to cater the Power transmission & distribution sector.
Its product range includes EC grade Aluminum wire Rods, Aluminum Alloy Rods, Aluminum Conductors Steel Reinforced (ACSR) and All Aluminum Alloy Conductors (AAAC), Specialty Cables, LT Electrical Power Cables, Control & Instrumentation Cables and are sold under ‘DICABS’ brand. With its product profile, the company has an in-house control over 80% of average cost of an EPC project.