Pace Digitek Subsidiary Secures ₹488.46 Crore BESS Order from NGSL
Pace Digitek's subsidiary, Lineage Power Private Limited, secured a ₹488.46 crore (4,884.6 Million) order from NGSL for BESS supply, testing, commissioning, and a 12-year maintenance contract. The project is expected to be completed by December 31, 2026. This strengthens the company's BESS business and expansion plans.
The order value is substantial and represents a key strategic development for the company in the growing BESS market, impacting its future revenue and market share.
The announcement details a significant new order for the company's subsidiary, which is expected to strengthen its business operations and market position in the BESS sector.
Pace Digitek Limited's material subsidiary, Lineage Power Private Limited (LPPL), has received a Letter of Award from NTPC GE Power Services Private Limited (NGSL) for a BESS Project at Barh STPP. The order aggregates to ₹488.46 crore (4,884.6 Million) and includes the supply, delivery, testing, and supervision of erection and commissioning of 5.015 MWh BESS Containers along with BMS and EMS. The scope also encompasses a 12-year Comprehensive Maintenance Contract (CMC), including five years of Annual Maintenance Services (AMC) and a further seven-year extended warranty for the battery containers.
The order is scheduled for completion by December 31, 2026. This award signifies a strategic step for Pace Digitek in building a scaled and integrated Energy platform, with LPPL focusing on a product-led BESS business that spans manufacturing, product supply, system integration, and lifecycle support. The company has been scaling its BESS manufacturing capacity, with plans to reach 10 GWh by Q3 FY2027. Pace Digitek is also exploring opportunities in Commercial and Industrial (C&I) applications alongside its utility-scale BESS business.
Mr. Venugopal rao Maddisetty, Chairman & Managing Director of Pace Digitek Limited, stated that this order strengthens LPPL as a product-led BESS business, enabling deeper participation across the BESS value chain. He further added that the company will continue to invest in capabilities to support customers across the lifecycle of energy storage systems.
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Pace Digitek Limited filed this with the NSE as a statutory disclosure, categorised under equity fundraising. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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