Pace Digitek Secures ₹7,020 Million BESS Supply, Erection and O&M Contracts from DVC

Pace Digitek Limited (BSE: 544550, NSE: PACEDIGITK), an integrated provider of energy solutions and telecom infrastructure, has secured BESS supply, erection and long-term O&M contracts from Damodar Valley Corporation (DVC) for implementation of a 250 MW / 500 MWh Battery Energy Storage System (BESS) project at Maithon, Jharkhand.

The contracts with a combined value of ₹7,020 million (including GST), comprise supply contract, EPC services contract and long-term operation & maintenance (O&M) contract. The scope includes design, engineering, manufacturing-linked supply, installation, testing, commissioning and 12-year comprehensive O&M, along with associated civil, structural and evacuation infrastructure works.

This marks the first BESS order win for FY2027, building on the strong momentum achieved in FY2026, where the Company reported energy order inflows of ₹58,147 million, led by increasing traction in BESS and renewable-linked opportunities.

The order highlights Pace Digitek's ability to execute across the entire BESS value chain, integrating manufacturing, EPC execution and lifecycle services. The Company's manufacturingled execution model, linking in-house capacity with secured project pipeline, enables tighter control over costs, execution timelines and delivery quality, while supporting scalable growth in utility-scale deployments.

Order Overview

- Total contract value: ₹7,020 million (including GST)
- Project: 250 MW / 500 MWh BESS at Maithon, Jharkhand
- Scope: Supply, EPC execution, commissioning and 12-year O&M
- Execution period: 18 months for supply and EPC execution, followed by 12 years of comprehensive O&M

Commenting on the development Chairman & Managing Director, Mr. Venugopal Rao Maddisetty said, "This order from DVC reinforces our position in utility-scale energy storage and the strength of our integrated model across manufacturing, EPC and lifecycle services. As energy storage becomes central to renewable integration, we are scaling a manufacturing-led platform aligned to project execution, enabling disciplined delivery, cost efficiency and long-term asset performance. We remain focused on expanding our presence in this high-growth segment."

With successive wins across leading utilities, Pace Digitek is scaling its BESS portfolio. This order expands the Company's BESS project portfolio to over 5 GWh, spanning utility-scale storage, renewable integration and grid support applications and reinforces its position as a vertically integrated BESS player with strong execution and long-term service capabilities.

Shares of Pace Digitek Limited was last trading in BSE at Rs. 188.75 as compared to the previous close of Rs. 185.35. The total number of shares traded during the day was 269171 in over 2615 trades.

The stock hit an intraday high of Rs. 195.25 and intraday low of 187.50. The net turnover during the day was Rs. 51582750.00.

Source : Equity Bulls

Keywords

PaceDigitek INE0S3G01027 TelecomInfrastructure BESS OrderWin DVC