NSEPress Release6d ago · 8 Oct 2026, 06:47 pm
Press Release
Pace Digitek Limited · PACEDIGITK
✦ AI Summary▲ PositiveOrder Win
Pace Digitek Limited has received a Letter of Intent (LOI) from BSES Rajdhani Power Limited for a 57.5 MW/115 MWh standalone Battery Energy Storage System (BESS) project in Delhi, valued at Rs. 1,794 million.
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Full Announcement
Pace Digitek Limited has informed the Exchange regarding a press release dated October 08, 2026, titled "Intimation of Press Release - receipt of Letter of Intent (LOI) aggregating to Rs. 1,794 Million from BSES Rajdhani Power 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/Q03_07
Date: October 08, 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 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we wish to inform the Stock Exchanges that the Company, has received a Letter of
Intent (LOI) aggregating to Rs. 1,794 Million from BSES Rajdhani Power Limited (“BRPL”) for
design, supply, testing, installation, commissioning, operation and maintenance of BESS with an
aggregate contracted capacity of 57.5 MW/115 MWh at four grid station locations of BRPL for on
demand basis operation.
We are pleased to enclose herewith the Press Release dated October 08, 2026, providing details of the
said order, including its scope, value, and strategic significance to the Company’s business operations.
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,
Bangalore-Mysore Highway, Bangalore - 560 074.
Encl.: As above.
Press Release
Pace Digitek Secures 115 MWh Utility-Scale BESS Project from BSES Rajdhani Power
Fifth Major BOO/BOOT Storage Win Takes Utility-Scale BOO/BOOT Portfolio to 3.32 GWh; Total Executable
Order Book Exceeds Rs.11,500 Crore
Bengaluru, 08 October 2026: Pace Digitek Limited (NSE: PACEDIGITK | BSE: 544550), an integrated Energy
and Telecom infrastructure solutions provider, today announced it has received a Letter of Intent (LoI) from
BSES Rajdhani Power Limited (BSES) for the development of a 57.5 MW / 115 MWh standalone Battery Energy
Storage System (BESS) in Delhi.
The project will be developed under a 12-year Build, Own, Operate and Transfer (BOOT) model, with a project
capital outlay of around Rs. 179.4 crore. The project is scheduled to be executed within seven months.
The award marks Pace Digitek's fifth major utility-scale BOO/BOOT storage project, further strengthening its
portfolio of long-term contracted energy infrastructure assets. With the addition of the BSES project, the
Company’s utility-scale BOO/BOOT portfolio has increased to 3.32 GWh.
Under the long-term Battery Energy Storage Service Agreement (BESSA), Pace Digitek will receive a fixed
capacity tariff of Rs. 47.05 lakh per MW per year, translating into annual contracted capacity revenue of Rs.
27.1 crore.
The BSES award adds to Pace Digitek Group's recent BESS wins, including the Rs. 488.6 crore order from
NTPC GE Power Services Private Limited (NGSL) for supply of standalone BESS along with AMC and warranty
services, secured in September 2026.
Strengthening an Integrated Energy Storage Platform
Pace Digitek has been progressively building capabilities across the energy storage value chain, spanning
BESS manufacturing, system integration, equipment supply, EPC execution and long-term ownership and
operation of storage assets.
The Company's Energy order book comprises a diversified portfolio of BOO, EPC and supply projects, with
utility-scale BESS becoming an increasingly important part of the business. Since the end of Q1 FY2027, the
Pace Digitek Group has secured Rs. 761 crore of additional orders across products and projects, further
strengthening order visibility. The Company continues to expand its participation across BOO/BOOT, EPC and
BESS supply models, supported by its manufacturing, technology, localisation and backward integration
capabilities, enabling participation across the BESS value chain.
India's growing renewable energy capacity, rising peak-power requirements and increasing need for grid
flexibility are driving structural demand for utility-scale energy storage. Pace Digitek intends to build on its
manufacturing and execution capabilities and selectively expand its presence across this opportunity.
Commenting on the development, Mr. Venugopalrao Maddisetty, Chairman & Managing Director, Pace
Digitek Limited, said: “The BSES award is another important milestone in the development of our Energy
business and marks our fifth utility-scale BOO/BOOT storage project. It reinforces the capabilities we have built
across BESS manufacturing, project execution and long-term asset operations.
Our recent wins also demonstrate the breadth of our participation across the BESS value chain from supplying
storage systems and providing lifecycle services to developing and operating long-term contracted storage
assets. We believe this integrated capability provides a strong foundation to participate in the structural growth
of India's energy storage market.
We remain focused on disciplined execution, scaling our manufacturing capabilities and selectively building a
portfolio of contracted energy infrastructure assets, while continuing to serve the evolving requirements of
India's power and renewable energy ecosystem.”
About PACE Digitek Limited
Pace Digitek Limited (NSE: PACEDIGITK | BSE: 544550) is an integrated infrastructure and energy solutions
company operating across the 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, system integration and deployment. Through its subsidiary, Lineage Power Private Limited, the
Company manufactures energy storage systems and related power infrastructure products.
In the Telecom & ICT segment, the Company manufactures telecom power systems and delivers EPC and O&M
services for telecom infrastructure, fibre networks and digital infrastructure projects across India.
For more information, please visit / contact us:
https://www.pacedigitek.com/ | Investor.relations@pacedigitek.com