StockWatch
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Telecom - Infrastructure
Deals8 Oct 2026, 07:00 pm

Pace Digitek Secures ₹179.4 Cr BESS Project from BRPL

AI Summary

Pace Digitek Limited has received a Letter of Intent (LOI) from BSES Rajdhani Power Limited (BRPL) for a 57.5 MW / 115 MWh Battery Energy Storage System (BESS) project in Delhi. The project, valued at approximately ₹179.4 crore (Rs. 1,794 Million), will be developed under a 12-year Build, Own, Operate and Transfer (BOOT) model and is expected to be executed within seven months. This marks Pace Digitek's fifth major utility-scale BOO/BOOT storage project, increasing its utility-scale BOO/BOOT portfolio to 3.32 GWh. The company will receive a fixed capacity tariff of ₹47.05 lakh per MW per year, resulting in annual contracted revenue of ₹27.1 crore. This award strengthens Pace Digitek's integrated energy storage platform and its position in India's growing energy storage market.

Key Highlights

  • Secured a ₹179.4 crore BESS project from BSES Rajdhani Power Limited.
  • Project to be developed under a 12-year BOOT model.
  • Increases utility-scale BOO/BOOT portfolio to 3.32 GWh.
  • Annual contracted revenue expected to be ₹27.1 crore.
  • Strengthens company's integrated energy storage capabilities.