New Launch11 Feb 2026, 07:22 pm
Pace Digitek Secures Rs. 17,750 million 250 MW Solar + 1.1 GWh BESS Project from KREDL
AI Summary
Pace Digitek Limited, an integrated provider of Telecom infrastructure and Energy solutions, has received a Letter of Award (LoA) from Karnataka Renewable Energy Development Limited (KREDL) for the development of a renewable energy project at Pavagada Solar Park. This order win increases Pace Digitek’s total BESS order book portfolio to over 5 GWh. The project involves setting up a 250 MW Solar PV Power Project integrated with a 250 MW /1,100 MWh Battery Energy Storage System (BESS) at Ryapte, located within the Pavagada Solar Park, Karnataka. The project is designed to supply peak power and optimize grid utilization in Karnataka.
Key Highlights
- Total Capacity: 250 MWAC Solar PV Project along with 250 MW / 1,100 MWh BESS
- Location: Annadanapura and Reddyvarahalli, Pavagada Taluk, Tumkuru District, Karnataka
- Timeline: Commercial Operation Date (COD) within 18 months from PPA signing
- Project Duration: 25 years
- Tariff: Interim tariff of Rs. 5.51 per unit, as adopted by KERC, with Viability Gap Funding (VGF) support