Pace Digitek Limited has made a disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.
The company's material subsidiary, M/s. Lineage Power Private Limited, has received a Letter of Award from NTPC GE Power Services Private Limited (NGSL). The contract has an aggregate value of Rs. 4,884.61 Million (inclusive of taxes).
Contract Details:
- Awarding Entity: NTPC GE Power Services Private Limited
- Nature of Contract: Supply, Delivery, Testing, and Supervision of Erection, Testing & Commissioning of 5.015 MWh BESS Containers along with BMS and EMS
- Scope: Work to be performed strictly as per the RFQ documents issued, including Comprehensive Maintenance Contract (CMC) for 12 years
- Entity Type: Domestic Entity
- Execution Deadline: The order must be completed by December 31, 2026
- Contract Value: Rs. 4,884.61 Million
- Related Party Status: The promoter/promoter group/group companies have no interest in the entity that awarded the order. The contract does not constitute a related party transaction.
The disclosure was signed by Meghana Manchaiah Purushotham, Company Secretary and Compliance Officer (Membership No: A42534) of Pace Digitek Limited on September 21, 2026.