Pace Digitek Limited has made a regulatory disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has received a Letter of Award valued at ₹929.25 million (including GST) from M/s. Kalpa Power Private Limited (KPPL) for the supply and commissioning support of a Battery Energy Storage System (BESS) with 100 MWh capacity.
The order was secured by the company's material subsidiary, Lineage Power Private Limited (LPPL). The project is scheduled for completion by December 31, 2026.
Manufacturing Capacity and Track Record
The company has recently expanded its BESS manufacturing platform to 5 GWh of installed capacity, up from 2.5 GWh. A further phased expansion towards 10 GWh capacity is targeted by the end of FY2027.
Over the past year, Pace Digitek has manufactured more than 300 utility-scale BESS containers, representing approximately 1.5 GWh of battery energy storage capacity. The company has been progressively scaling its manufacturing capabilities to address growing demand for utility-scale and Commercial & Industrial (C&I) energy storage applications.
Management Commentary
Mr. Venugopalrao Maddisetty, Chairman & Managing Director of Pace Digitek Limited, commented that the order strengthens the company's growing BESS business and provides further visibility for its manufacturing platform. He stated that the company remains focused on scaling manufacturing, increasing localization, and building capabilities to serve a wider range of BESS opportunities.
Business Strategy
The company is building its BESS business across manufacturing, system integration, and project execution, with a focus on increasing manufacturing scale and localization. The combination of growing BESS demand, expanding manufacturing capacity, and an established execution track record is seen as providing a platform for further growth in the energy storage business.
Company Background
Pace Digitek Limited is an integrated infrastructure and energy solutions company operating across Energy and Telecom & ICT business segments. The company operates across the value chain spanning Manufacturing, Engineering, Procurement & Construction (EPC), and Operations & Maintenance (O&M) activities.
In the energy segment, the company undertakes Battery Energy Storage System (BESS) design, manufacturing, system integration, and deployment. Through subsidiary Lineage Power Private Limited, the company manufactures energy storage systems and related power infrastructure products.