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Diamond Power acquires strategic stake in Maktel Control

19 Jul 2012 Evaluate

Diamond Power Infrastructure, India’s leading transmission and distribution equipment manufacturer and services provider has acquired strategic stake in India’s leading power and control panel manufacturer -- Maktel Control and Systems.

Maktel Control, a leading OEM for power and control panels upto 400kv, manufactures relay control panel up to 400 kv for Feeder, transformer and capacitor bank protection.

Diamond Power Infrastructure is engaged in five business verticals--cables (low, high and extra high voltage), conductors, transformers, towers and various EPC projects-- where it undertakes planning, designing and commissioning of turnkey transmission and distribution projects.

Peers
Company Name CMP
Polycab India 8435.90
KEI Industries 4707.00
RR Kabel Ltd. 2480.95
Finolex Cables 1456.05
Precision Wire India 500.55
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