Pace Digitek's Subsidiary Secures ₹92.92 Crore Order for Battery Energy Storage System
Pace Digitek's subsidiary, Lineage Power Private Limited, received a Letter of Award from Kalpa Power Private Limited for a 100 MWh Battery Energy Storage System (BESS). The order, valued at ₹92.92 crore (₹929.25 Million), includes supply and commissioning support. Execution is expected by December 31, 2026.
The order value is significant and contributes to the company's order book, but it represents a subsidiary's contract and is for a future execution period.
The company has secured a new order, which is a positive development for its business and revenue.
Pace Digitek Limited announced that its material subsidiary, M/s. Lineage Power Private Limited, has received a Letter of Award from Kalpa Power Private Limited (KPPL).
The award is for the supply and commissioning support of a Battery Energy Storage System (BESS) with a capacity of 100 MWh. The total value of the order, including GST, is ₹929.25 Million, which is equivalent to ₹92.92 crore.
The execution of this order is scheduled to be completed by December 31, 2026. This development indicates a significant new contract for the company's subsidiary in the energy storage sector.
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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See the model portfoliosA plain-language summary of a public exchange filing by Pace Digitek Limited. Read the original for the full detail.