PACE Digitek Ltd. has received a major purchase order worth ₹11.59 billion from the Solar Energy Corporation of India (SECI). The order marks a significant milestone in India’s renewable energy expansion, positioning PACE Digitek as a key contributor to solar infrastructure development and clean energy deployment across the country.
In a major boost to India’s clean energy ambitions, PACE Digitek Ltd. has announced the receipt of a substantial purchase order from the Solar Energy Corporation of India (SECI), valued at ₹11.59 billion. The order is expected to support SECI’s ongoing solar energy projects and infrastructure rollout.
Notable Updates:
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Order Value: ₹11.59 billion, one of the largest single orders received by PACE Digitek to date.
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Client: Solar Energy Corporation of India (SECI), a central public sector undertaking under the Ministry of New and Renewable Energy.
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Scope: The order likely includes supply, installation, and commissioning of solar energy components and systems.
Major Takeaways:
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Strategic Importance: This order strengthens PACE Digitek’s position in India’s renewable energy supply chain.
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Growth Outlook: The deal is expected to significantly boost the company’s revenue and operational scale in FY26.
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National Impact: Supports India’s target of achieving 500 GW of non-fossil fuel capacity by 2030.
This development underscores the growing role of private players in India’s energy transition.
Sources: SECI Official Website, BSE India, NSE Circulars.