Diamond Power Infrastructure (DPIL) plans Rs 770 crore expansion

Power equipment manufacturer Diamond Power Infrastructure (DPIL) plans to invest Rs 770 crore over the next three years to fuel its expansion plans.

The sources said, 'There is huge growth potential in transmission as well as distribution sectors as power generation is expected to grow by 80,000 mw in the 12th Plan period'. To meet this demand, The company will be investing around Rs 770 crore over the next three years for expansion.