PACEDIGITK NSE filing

Pace Digitek Secures ₹92.9 Crore Order for BESS Supply and Commissioning

The RealCase readMedium impact Positive

Pace Digitek Limited secured a ₹92.9 crore order for Battery Energy Storage System (BESS) supply and commissioning support from Kalpa Power Private Limited. The order is for a 100 MWh capacity BESS and is scheduled for completion by December 31, 2026. The company is scaling its manufacturing capacity to 5 GWh.

Why it matters

The order value of ₹92.9 crore is material and contributes to the company's revenue and order book, indicating a medium impact on its overall business.

The market read

The company has secured a significant new order, which is positive for its business growth and financial outlook.

Pace Digitek Limited announced that its material subsidiary, Lineage Power Private Limited (LPPL), has received a Letter of Award from Kalpa Power Private Limited (KPPL) for the supply and commissioning support of a Battery Energy Storage System (BESS) with a 100 MWh capacity. The order is valued at ₹92.9 crore (inclusive of GST) and is scheduled for completion by December 31, 2026.

This order is expected to enhance Pace Digitek's growing BESS business and provide stronger near-term visibility for its manufacturing operations. The project will be supplied from the Company's BESS manufacturing platform, which has recently been expanded to 5 GWh of installed capacity. The company has been progressively scaling its manufacturing capabilities to meet the increasing demand for utility-scale and Commercial & Industrial (C&I) energy storage applications.

Pace Digitek's BESS manufacturing capacity has increased from 2.5 GWh to 5 GWh, with plans for a further phased expansion towards 10 GWh targeted by the end of FY2027. This expansion aims to provide additional capacity to support product supplies and the company's participation in integrated BESS projects.

Mr. Venugopal rao Maddisetty, Chairman & Managing Director, Pace Digitek Limited, commented, "This order strengthens our growing BESS business and provides further visibility for our manufacturing platform. Over the past year, we have built a track record of manufacturing and supplying utility-scale BESS systems and have progressively expanded our capacity from 2.5 GWh to 5 GWh. As the market develops, we remain focused on scaling manufacturing, increasing localisation and building the capabilities required to serve a wider range of BESS opportunities."

Filing to action

What to do with a filing like this

Pace Digitek Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Pace Digitek Limited. Read the original for the full detail.

View original filing