Pace Digitek Subsidiary Signs 3 GWh Battery Cell Supply Deal with RJE Tech
Pace Digitek's subsidiary, Lineage Power, signed a Master Supply Agreement with Guangzhou Rongjie Energy Technology Co., Ltd. for 3 GWh of Lithium Iron Phosphate (LFP) battery cells. This deal aims to bolster the company's BESS manufacturing platform and ensure long-term supply chain stability.
The agreement is significant for strengthening the company's supply chain and manufacturing capabilities in a growing sector (BESS), which can have a medium-term impact on its market position and revenue.
The announcement details a strategic partnership that secures a long-term supply of critical components, which is positive for the company's growth and operational capabilities in the BESS sector.
Pace Digitek Limited's material subsidiary, Lineage Power Private Limited, has entered into a Master Supply Agreement (MSA) with Guangzhou Rongjie Energy Technology Co., Ltd. (RJE Tech), a Chinese manufacturer of lithium-ion battery cells. Under this agreement, RJE Tech will supply 3 GWh of Lithium Iron Phosphate (LFP) battery cells and related accessories to Lineage Power. This collaboration is aimed at strengthening the company's battery cell sourcing framework and supporting its expanding Battery Energy Storage System (BESS) manufacturing platform for utility-scale and commercial & industrial (C&I) applications.
The agreement secures a long-term supply of next-generation LFP cells, ensuring supply chain stability. It features Rongjie Energy Tech’s new 314Ah storage-specific prismatic cells, designed for extended cycle life and enhanced safety. The MSA establishes clear long-term terms for pricing, quality standards, warranties, and delivery timelines. It also leverages RJE Tech’s manufacturing base in the Guangdong–Hong Kong–Macao Greater Bay Area for efficient shipping to India and international markets. Furthermore, the agreement includes a framework for technical collaboration, product validation, quality assurance, and continuous product improvement.
Mr. Venugopal Rao Maddisetty, Chairman & Managing Director, Pace Digitek Limited, stated that securing a reliable long-term supply of high-quality battery cells is crucial for building a scalable and resilient BESS platform. He added that this agreement with Rongjie Energy Tech strengthens their manufacturing ecosystem, improves supply chain visibility, and enhances their ability to execute BESS projects with greater confidence. He also noted that RJE Tech's manufacturing capabilities, product quality, and technology roadmap align well with Pace Digitek's long-term growth strategy.
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Pace Digitek Limited filed this with the NSE as a statutory disclosure, categorised under strategic partnerships. 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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See the model portfoliosA plain-language summary of a public exchange filing by Pace Digitek Limited. Read the original for the full detail.