
Business Update16 May 2026, 07:51 pm
Pace Digitek Bags ₹7,099.19 Million Order from NIRL
AI Summary
Pace Digitek Ltd has secured a contract worth ₹7,099.19 Million (including GST) from NLC India Renewables Limited (NIRL). The project involves design, engineering, supply (excluding power transformers), manufacturing, erection, testing, and commissioning of a 250MW/500MWh Battery Energy Storage System (BESS) on a turnkey basis. The contract also includes 12 years of comprehensive operation and maintenance at Ottapidaram SS, Annupankulam SS, and Kayathar SS in Tamil Nadu. The completion timeline for the entire capacity is 12 months from the Letter of Award, with operation & maintenance for 12 years from COD.
Key Highlights
- Pace Digitek receives ₹7,099.19 Million contract from NLC India Renewables Limited.
- The project involves a 250MW/500MWh Battery Energy Storage System (BESS) in Tamil Nadu.
- The contract includes 12 years of comprehensive operation and maintenance.
- Project completion is expected within 12 months from the Letter of Award.
- The order does not involve any related party transactions.
Price Impact
More from PACEDIGITK