
Pace Digitek Subsidiary Partners MEGMEET for AI Data Center Power
Pace Digitek Limited, through its subsidiary Lineage Power Private Limited (LPPL), has entered into a strategic cooperation agreement with MEGMEET Electrical India Private Limited. This expands their existing five-year collaboration in telecom power solutions to now include AI data center power infrastructure. MEGMEET will be a strategic supplier of AI data center power systems and related products to LPPL, providing technical support, training, and after-sales services. The partnership aims to leverage LPPL's manufacturing and system integration capabilities with MEGMEET's advanced power systems to address the growing demand for reliable and energy-efficient power infrastructure for AI computing and hyperscale data centers in India. This move aligns with Pace Digitek's strategy to enhance its technology and product portfolio through strategic alliances.
Key Highlights
- Pace Digitek's subsidiary LPPL partners with MEGMEET for AI data center power.
- Expands existing telecom power solutions collaboration into AI infrastructure.
- MEGMEET to supply AI data center power systems and related services.
- Aims to capitalize on growing AI and hyperscale data center market in India.
- Strengthens Pace Digitek's integrated energy infrastructure offering.
Price Impact
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