NSEPress Release9 Jul 2026 · 9 Jul 2026, 06:59 pm
Press Release
Pace Digitek Limited · PACEDIGITK
✦ AI Summary▲ PositiveExpansion
Pace Digitek Limited has entered into Memorandum of Understanding (MOU) with Onward Solar Power Private Limited and Kalpa Power Private Limited for the supply of Battery Energy Storage Systems (BESS).
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Pace Digitek Limited has informed the Exchange regarding a press release dated July 09, 2026, titled "Press Release dated July 09, 2026, for entering into an entered into a Memorandum of Understanding (MOU) with M/s. Onward Solar Power Private Limited and M/s. Kalpa Power Private Limited".
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Pace Digitek Limited
(Formerly Known as Pace Digitek Private Limited
and Pace Digitek Infra Private Limited)
Regd. Office: Plot No. V-12, Industrial Estate,
Kumbalgodu, Mysore Highway, Bangalore - 560 074.
T : +91 80 29547792 / 94 / 95 / 96.
E : info@pacedigitek.com
w : www.pacedigitek.com
CIN-L31909KA2007PLC041949
Ref No: PDL/2026-27/Q02_05
Date: July 09, 2026
BSE Limited National Stock Exchange of India Ltd
Phiroze Jeejeebhoy Towers Exchange Plaza, C-1, Block G
Dalal Street, Fort Bandra Kurla Complex, Bandra (E)
Mumbai – 400001 Mumbai – 400051
Scrip Code – 544550 Symbol – PACEDIGITK
Dear Sir/Madam,
Sub: Intimation of Press Release pursuant to Regulation 30 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015.
Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, please find enclosed herewith the Press Release dated July 09,
2026, for entering into an entered into a Memorandum of Understanding (MOU) with M/s. Onward
Solar Power Private Limited and M/s. Kalpa Power Private Limited for the supply of Battery
Energy Storage Systems (BESS) including DC Blocks, C&I BESS cabinets, Residential BESS, PCS,
EMS and Battery containers by M/s. Lineage Power Private Limited (“Subsidiary”), a material
subsidiary of the Company.
We hereby request you to take note of the same.
Thanking You,
For PACE DIGITEK LIMITED
[Formerly known as Pace Digitek Private Limited
and Pace Digitek Infra Private Limited]
Meghana M P
Company Secretary and Compliance Officer
Membership No: A42534
Add: Plot No. V-12, Industrial Estate, Kumbalgodu,
Mysore Highway, Bangalore - 560 074.
Encl.: As above.
Press Release
Pace Digitek Limited’s Subsidiary Signs Two Strategic MoUs on Day One of India
Energy Storage Week 2026 to Expand BESS Product Supply Partnerships
Strengthens product supply partnerships to accelerate deployment of BESS across India
Bengaluru, 09 July 2026: Pace Digitek Limited (BSE: 544550, NSE: PACEDIGITK) announced that its
subsidiary, Lineage Power Private Limited (LPPL), has signed two strategic Memorandum Of
Understanding (MoU) with Onward Solar Power Private Limited and Kalpa Power Private Limited during
the 12th India Energy Storage Week (IESW) 2026 at IICC, Yashobhoomi, New Delhi, where Pace Digitek Limited
and LPPL are showcasing their integrated Battery Energy Storage System (BESS) portfolio and advanced
energy storage solutions at Hall 1, Stall 4.
The MoUs establish a framework for collaboration under which LPPL will serve as a preferred BESS supply
partner, supporting future projects with integrated BESS solutions, including DC Blocks, Power Conversion
Systems (PCS), Energy Management Systems (EMS), engineering support, warranty and lifecycle services.
Project-specific commercial terms and supply arrangements will be governed by definitive agreements and
purchase orders to be executed between the respective parties.
The collaborations are aimed at strengthening the supply of domestically manufactured BESS solutions for
utility-scale, commercial & industrial (C&I) and other energy storage applications.
LPPL's integrated manufacturing capabilities enable the Company to offer comprehensive energy storage
solutions across the value chain. These partnerships further strengthen Pace Digitek Limited's strategy of
expanding its product-led energy storage business through strategic collaborations with EPC companies,
renewable energy developers and system integrators.
Commenting on the development, Mr. Venugopal Rao Maddisetty, Chairman & Managing Director, Pace
Digitek Limited, said:
"India's energy storage market is entering a phase of accelerated growth, creating significant opportunities for
technology-led and domestically manufactured solutions. These strategic collaborations reinforce our
commitment to expanding our product supply network and strengthening partnerships across the energy
storage ecosystem. By combining our integrated manufacturing capabilities with the market reach and execution
strengths of our partners, we aim to support the growing deployment of reliable, high-quality BESS across India."
About PACE Digitek Limited
Pace Digitek Limited (BSE: 544550, NSE: PACEDIGITK) is an integrated infrastructure and energy solutions
company operating across Energy and Telecom & ICT business segments. The Company operates across the
value chain, spanning Manufacturing, Engineering, Procurement & Construction (EPC) and Operations &
Maintenance (O&M) activities, supporting both project execution and product supply.
In the energy segment, the Company undertakes Battery Energy Storage System (BESS) design,
manufacturing, integration and deployment. Through its subsidiary, Lineage Power Private Limited, it also
manufactures energy storage systems and related power infrastructure products.
In the telecom segment, the Company undertakes manufacturing of telecom power systems and provides EPC
services and O&M for telecom infrastructure, fibre networks and digital infrastructure projects across multiple
circles in India.
For more information, please visit / contact us:
https://www.pacedigitek.com/ | sInvestor.relations@pacedigitek.com