Deals24 Aug 2026, 05:21 pm
Pace Digitek Secures ₹92.9 Cr BESS Order from Kalpa Power
AI Summary
Pace Digitek Ltd announced that its subsidiary, Lineage Power Private Limited, has received a Letter of Award from Kalpa Power Private Limited for the supply and commissioning support of a Battery Energy Storage System (BESS) with a 100 MWh capacity. The order is valued at ₹92.9 crore (approximately $11.1 million USD) and is scheduled for completion by December 31, 2026. This award significantly boosts Pace Digitek's growing BESS business and enhances near-term visibility for its manufacturing operations, which have recently expanded to 5 GWh. The company is strategically scaling its manufacturing capabilities to meet increasing demand for energy storage solutions.
Key Highlights
- Secured a ₹92.9 crore order for BESS supply and commissioning.
- Order from Kalpa Power Private Limited, to be completed by Dec 2026.
- Enhances visibility for Pace Digitek's expanded 5 GWh manufacturing capacity.
- Strengthens the company's position in the growing energy storage market.
Price Impact
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