Image Source: Trade Brains
Pace Digitek Ltd has bagged a major order worth ₹3.76 billion to develop a 300 MW solar power project. The contract, awarded by Maharashtra State Power Generation Company (MSPGCL), strengthens Pace Digitek’s renewable energy portfolio and highlights its growing role in India’s clean energy transition. Execution includes design, engineering, and commissioning.
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Pace Digitek Ltd has announced a significant milestone in its renewable energy journey, securing a large-scale solar project order that underscores its expanding presence in India’s clean energy sector.
Notable Updates
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Order Value: The project is valued at ₹3.76 billion (₹929.76 crore including taxes).
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Project Scope: Development of a 200 MWAC grid-connected ground-mounted solar plant under a 300 MWAC solar project.
Major Takeaways
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Awarding Authority: The order was placed by Maharashtra State Power Generation Company (MSPGCL).
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Execution Timeline: The project must be completed within 450 days from the award date.
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Operations & Maintenance: Includes three years of O&M services, ensuring long-term efficiency.
Important Points
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The project strengthens Pace Digitek’s order book, which is projected to cross ₹8,000 crore by March 2026.
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Collaboration with MSPGCL highlights the company’s credibility in large-scale EPC (Engineering, Procurement, and Construction) projects.
The initiative aligns with India’s renewable energy targets, contributing to sustainable power generation.
Sources: Saur Energy, LinkedIn MSPGCL Project Update, MoneyWorks4Me
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