Business Update21 Aug 2026, 01:57 pm
Pace Digitek Subsidiary Secures ₹929.25 Million BESS Order
AI Summary
Pace Digitek Limited's material subsidiary, Lineage Power Private Limited, has received a Letter of Award from Kalpa Power Private Limited (KPPL) for the supply and commissioning support of a Battery Energy Storage System (BESS) with a 100 MWh capacity. The total value of the order, including GST, is ₹929.25 Million. The project is slated for completion by December 31, 2026. This significant order underscores the company's involvement in the renewable energy infrastructure sector.
Key Highlights
- Subsidiary Lineage Power awarded a BESS order worth ₹929.25 Million.
- Order includes supply and commissioning support for a 100 MWh BESS.
- Project execution deadline is set for December 31, 2026.
- No promoter or group company interest in the awarding entity.
- Transaction is not considered a related party transaction.
Price Impact
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