Business Update7 May 2026, 08:21 pm
Pace Digitek Secures ₹7,020 Million BESS Contracts from DVC
AI Summary
Pace Digitek Ltd has secured Battery Energy Storage System (BESS) supply, erection, and long-term O&M contracts from Damodar Valley Corporation (DVC) for a 250 MW / 500 MWh project in Maithon, Jharkhand. The contracts, valued at ₹7,020 million (including GST), include supply, EPC services, and a 12-year O&M contract. This marks Pace Digitek's first BESS order for FY2027, expanding its BESS project portfolio to over 5 GWh.
Key Highlights
- Pace Digitek receives ₹7,020 million BESS contracts from DVC.
- The project involves a 250 MW / 500 MWh Battery Energy Storage System in Jharkhand.
- The contracts include supply, EPC, and 12-year O&M.
- This is the first BESS order for FY2027, building on FY2026 momentum.
- Pace Digitek's BESS portfolio expands to over 5 GWh.