StockWatch
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Telecom - Infrastructure
MoU13 Jul 2026, 11:19 am

Pace Digitek Subsidiary Signs BESS Supply MoU with Bondada Renewable

AI Summary

Pace Digitek Limited's subsidiary, Lineage Power Private Limited (LPPL), has signed a Memorandum of Understanding (MOU) with Bondada Renewable Energy Private Limited. This agreement positions LPPL as a preferred BESS supply partner, focusing on the supply of Battery Energy Storage Systems (BESS) including DC Blocks, C&I BESS cabinets, Residential BESS, PCS, EMS, and Battery containers. The collaboration, signed during India Energy Storage Week 2026, aims to strengthen LPPL's product supply ecosystem and expand its market reach within India's growing energy storage sector. Project-specific supply arrangements will be finalized based on mutually agreed commercial terms, reinforcing Pace Digitek's product-led growth strategy.

Key Highlights

  • Pace Digitek subsidiary signs strategic MoU for BESS supply.
  • Partnership with Bondada Renewable strengthens product ecosystem.
  • Focus on supplying integrated BESS solutions and components.
  • Enhances market reach and product-led energy storage strategy.