Pace Digitek Limited secured a Rs 17,750 million Letter of Award from KREDL for a 250 MW solar PV project with 1.1 GWh BESS at Pavagada Solar Park, Karnataka. This elevates the firm's order book to Rs 102,428 million, boosting its BESS portfolio to over 5 GWh and supporting India's renewable energy transition through peak power dispatch and grid stability.
Pace Digitek Limited has secured a Letter of Award from Karnataka Renewable Energy Development Limited (KREDL) for a 250 MW solar PV project integrated with 1.1 GWh battery energy storage system (BESS) at Pavagada Solar Park. Valued at Rs 17,750 million, this order elevates the company's order book to Rs 102,428 million, advancing India's renewable energy goals with peak power and grid stability.
Key Project Highlights
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Order value: Rs 17,750 million for comprehensive solar EPC and BESS integration project
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Total capacity: 250 MWAC solar PV with 250 MW/1,100 MWh BESS for dispatchable renewable energy storage solutions
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Location: Annadanapura and Reddyvarahalli, Pavagada Taluk, Tumkuru District, Karnataka solar park
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Timeline: Commercial operation within 18 months from PPA signing, spanning 25-year project duration
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Tariff structure: Rs 5.51 per unit interim rate approved by Karnataka Electricity Regulatory Commission (KERC) with viability gap funding (VGF) support
Pace Digitek, a leader in telecom infrastructure and energy EPC services, received this award through a competitive tariff-based bidding process (Tranche I). The project enhances Karnataka's grid utilization by enabling peak-hour power dispatch, aligning with national goals for solar power projects and battery energy storage systems. Chairman Venugopal Rao Maddisetty emphasized the firm's commitment to Make in India via 20% local content, including indigenous Energy Management System (EMS) software. This win elevates Pace Digitek's BESS portfolio to over 5 GWh, solidifying its role in India's green energy ecosystem. Order book now includes Rs 77,792 million in energy segment and Rs 24,637 million in telecom.
Source: Pace Digitek Limited Press Release