The company is an integrated energy and telecom infrastructure company with operations spanning energy storage, renewable energy solutions and telecom infrastructure.
The shares of Pace Digitek are currently trading at Rs. 170.61, up by 10.17%. The company has a market capitalization of Rs. 3,682.42 crore. The stock’s 52 week high is Rs. 231.95 and its 52 week low is Rs. 139.81. In the past 6 months the stock has delivered a return of 9.92%.
What’s The News
Pace Digitek’s material subsidiary, Lineage Power Private Limited, has secured an LoA aggregating to Rs. 488.46 crore from NTPC GE Power Services Private Limited.
According to the company’s exchange filing, the order covers the supply, delivery, testing and supervision of erection, testing and commissioning of 5.015 MWh BESS containers, along with BMS and EMS. The scope also includes a 12-year Comprehensive Maintenance Contract.
The order is for the BESS Project at Barh Super Thermal Power Project (STPP), covering NTPC Stages I and II. The project is scheduled to be completed by December 31, 2026.
Order Details
Pace Digitek has bagged an order valued at Rs. 488.46 crore including tax from NTPC GE Power Services Pvt. Ltd. The order has been bagged by the subsidiary company of Pace Digitek called Lineage Power Pvt. Ltd. The order pertains to the Barh Super Thermal Power Project (STPP), NTPC Stage I & II.
As per the terms of the agreement, Lineage Power is expected to take care of the supply, transportation, testing and installation of the Battery Energy Storage System (BESS) along with the Battery Management System (BMS) and Energy Management System (EMS). The storage capacity of the BESS within the context of the project shall be 5.015 MWh and also comes with a 12-year comprehensive maintenance contract (CMC).
The project is scheduled to be completed by 31st December 2026. As per the disclosure by the company, this is an entirely domestic order and is not a related party deal.
Strengthening BESS Business
The latest order further expands Pace Digitek’s presence across the BESS value chain. The company’s recent BESS contracts have included equipment supply, installation, commissioning and long-term maintenance, allowing it to participate beyond the manufacturing stage.
Pace Digitek has been increasing its BESS manufacturing capacity from 2.5 GWh to 5 GWh and has outlined a further expansion towards 10 GWh by the end of FY27. The company has also manufactured more than 300 utility-scale BESS containers representing around 1.5 GWh of storage capacity over the past year, according to recent company-related disclosures.
Previous BESS Order
The most recent contract comes on the back of yet another BESS order placed by Lineage Power through Kalpa Power. This order has been placed in the value of approximately Rs. 92.9 crore, pertaining to a BESS project with capacity of 100 MWh. The consecutive order awards suggest that the company continues to establish its project portfolio in the energy storage sector.
Earlier, in March 2026, Pace Digitek also bagged a much bigger BESS EPC order worth Rs. 494.54 crore (excluding GST). The BESS system has a power rating of 200 MW/400 MWh and would be installed at the Nabinagar Super Thermal Power Station.
Investor Perspective
The latest Rs. 488.46 crore LoA adds another significant BESS contract to Pace Digitek’s project pipeline. The order covers not only BESS container supply but also testing, commissioning and a 12-year maintenance commitment, providing the subsidiary with a longer-term service component.
For investors, the key factors to track will be the execution of the Barh STPP project by December 2026, ramp-up of BESS manufacturing capacity, conversion of the company’s order pipeline into revenue, working-capital requirements and the contribution from long-term maintenance contracts.
The order also comes as India continues to develop grid-scale energy storage capacity to support the integration of renewable power, making BESS an increasingly important part of the country’s power infrastructure.