
Pace Digitek Subsidiary Secures Rs. 1,587 million Order from Reliance Industries Limited
Lineage Power Pvt Ltd, the material subsidiary of Pace Digitek Limited, has received a major purchase order from Reliance Industries Limited for the supply of high-capacity lithium-ion battery packs. The order is valued at Rs. 1,587.1 million (inclusive of GST). Under the agreement, Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314AH Lithium-lon battery packs. These industrial-grade power systems are specifically designed for backup support for telecom loads. This order reinforces Pace Digitek's position as a trusted provider of critical energy infrastructure in India and supports its strategy of increasing product-led revenues alongside EPC and annuity-linked infrastructure projects. The consolidated order book of Pace Digitek Limited stands at ~ Rs. 104,906 million, comprising Telecom & ICT infrastructure and Energy segments.
Key Highlights
- Pace Digitek's subsidiary, Lineage Power, secures a purchase order worth Rs. 1,587.1 million from Reliance Industries Limited.
- The order is for the supply of high-capacity lithium-ion battery packs, specifically designed for backup support for telecom loads.
- This order reinforces Pace Digitek's position as a trusted provider of critical energy infrastructure in India.
- The deal supports Pace Digitek's strategy of increasing product-led revenues alongside EPC and annuity-linked infrastructure projects.
- The consolidated order book of Pace Digitek Limited stands at ~ Rs. 104,906 million.