Pace Digitek Wins ₹92.93 Crore Energy Storage Order

BENGALURU — Pace Digitek secures a ₹92.93 crore contract through its subsidiary to supply a 100 MWh Battery Energy Storage System.

Expanding Clean Energy Infrastructure and BESS Deployment

The newly finalized contract translates a strategic memorandum of understanding signed earlier between Kalpa Power and Lineage Power into a binding commercial agreement. According to official corporate statements, the project requires the execution, delivery, and technical commissioning support of a 100 MWh utility-scale battery energy storage installation by December 31, 2026.

Energy sector analysts note that the deployment of advanced BESS architecture is critical for stabilizing modern power grids, integrating intermittent solar and wind generation, and managing peak load requirements. The project will leverage Pace Digitek's recently expanded domestic manufacturing capacity based out of Bengaluru.

Market Significance and Strategic Growth for Stakeholders

For investors, power sector participants, and clean energy developers, the ₹92.93 crore order reinforces Pace Digitek's positioning within India's rapidly growing green energy ecosystem. Company disclosures highlight that the transaction is conducted on an arm's length basis, free of any related-party interests.

Securing predictable, utility-scale orders supports high plant capacity utilization across the firm's manufacturing facilities, ensuring strong revenue visibility as the broader energy infrastructure segment scales up to meet national renewable targets.

Quote Section

"According to officials, the contract strengthens Lineage Power's participation in India's expanding energy storage market, providing robust operational momentum and supporting grid flexibility through advanced BESS deployments."

Why It Matters

For consumers and industrial power users, the expansion of grid-scale battery storage ensures a more reliable and resilient power supply by smoothing out renewable energy fluctuations. For industry stakeholders, utility-scale contracts validate the commercial viability and scaling capabilities of domestic green technology manufacturers.

Key Facts at a Glance

• Awarding Entity: Kalpa Power Private Limited.

• Executing Entity: Lineage Power Private Limited (material subsidiary of Pace Digitek Limited).

• Contract Value: ₹92.93 crore (₹929.25 million including GST).

• Project Scope: Supply and commissioning support for a 100 MWh Battery Energy Storage System (BESS).

• Completion Deadline: December 31, 2026.

FAQ Section

What is the financial value of the contract secured by Pace Digitek?

The contract awarded to subsidiary Lineage Power is valued at ₹92.93 crore (₹929.25 million including GST).

What are the main deliverables under this agreement?

The project involves the complete supply and technical commissioning support of a 100 MWh Battery Energy Storage System (BESS).

When is the project scheduled for completion?

The battery energy storage system is mandated to achieve final project completion by December 31, 2026.

Where can official regulatory disclosures for this order be accessed?

Official filings are publicly accessible via the BSE India Portal and the National Stock Exchange of India.

Source: BSE India, National Stock Exchange of India, SolarQuarter