Pace Digitek's Subsidiary, Lineage Power Pvt Ltd secures ₹943.5 million Extended order from BSNL for Advanced Li-Ion Battery Solutions

Pace Digitek Limited, a renowned leader in telecom infrastructure and turnkey network solutions, today announced its material subsidiary, Lineage Power Private Limited, received 2nd Advance Purchase Order (APO) of ₹943.5 million from Bharat Sanchar Nigam Limited (BSNL) for Li-Ion Battery Solutions which includes supply, I&C and maintenance for 5 years.

The contract is intendedto strengthenthe 48V DC power infrastructureacross BSNL'snationaltelecom network.

Key Highlights of the Agreement:

- Total Contract Value: ₹943.5 million
- Scope: 25,000 Li-Ion modules (100AH/48V) and 2,500 weather-resistant IP55 racks
- Execution Timeline: Within 5 months from receipt of purchase order
- Service Component: 5 year Annual Maintenance Contract (AMC) commencing after completion of a 5 year warranty period
- Technology Standards: All modules feature smart BMS technology registered on the Trusted Telecom Portal and comply with the latest TEC GR standards

The order comprises 25,000 units of 100 AH/48V Li-Ion battery modules featuring integrated Battery Management Systems (BMS). Additionally, the agreement includes 2,500 IP55-rated racks designed to house these modules in both indoor and outdoor environments. Moreover, the order further includes a 5 year warranty followed by an optional 5-year Annual Maintenance Contract (AMC).

Speaking on the development, Mr. Venugopal Rao Maddisetty - Chairman & Managing Director, PACE Digitek Limited emphasizes the company's evolving strategic focus and said, " This extended order from BSNL marks a significant step in our ongoing mission to modernise Lineage Power's core infrastructure. By transitioning to advanced Li-Ion technology, we are not only improving the energy efficiency of our telecom sites but also ensuring higher network uptime for our customers across India. This investment underscores our commitment to supporting the 'Make in India' initiative while deploying world-class, trusted technology to power the nation's digital future."

This order strengthens Pace Digitek's presence in telecom power solutions, improves near-term order book visibility, adds long-term service revenue through the post-warranty AMC, and deepens engagement with a marquee PSU customer.

Shares of Pace Digitek Limited was last trading in BSE at Rs. 164.35 as compared to the previous close of Rs. 175.10. The total number of shares traded during the day was 146767 in over 733 trades.

The stock hit an intraday high of Rs. 176.75 and intraday low of 163.50. The net turnover during the day was Rs. 25362176.00.

Source : Equity Bulls

Keywords

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