Diamond Power Infrastructure Ltd has acquired strategic equity stake in Maktel Control & Systems Pvt Ltd. The acquisition, made through DPIL's subsidiary Diamond Transformers Ltd, will make DPIL the largest shareholder in Varodara-headquartered Maktel. A leading OEM for power and control panels up to 400kV, Maktel Control & Systems was established in 1982 by Gujarat-based Danke Group and Mr. A.K. Nandi, a technocrat.

Maktel currently has two manufacturing facilities and is building a new modern unit at Vadodara. The company's annual sales turnover is expected to grow to Rs.100 crore, from the current Rs.40 crore, post expansion.

Maktel currently produces control and relay panel for use on systems up to 400kV for feeder, transformer & capacitor bank protection; control desk and process control centre; generator control & relay panels; generator breaker panels; LT panels, up to 415V, 4000A, 50KA; PCC & MCC panels; busducts; marshalling kiosks, etc.

Once the new facility is commissioned, Maktel's product range will extend to cover unitized substations, ring main units and vacuum circuit breakers.