Shares of Pace Digitek rallied 13 per cent in Tuesday’s intraday trade after a major order win by its material subsidiary for the BESS Project at Barh STPP. The order value amounts to ₹488.46 crore.
Pace Digitek order win details
The company on Monday evening said that its material subsidiary, Lineage Power Private Limited (LPPL), has secured an order valued at ₹488.46 crore (including GST) from NTPC GE Power Services Private Limited (NGSL) for the BESS Project at Barh STPP (NTPC Stages I & II).
According to the exchange filing, the order comprises the supply, testing, supervision of erection and commissioning of BESS containers, together with Battery Management Systems (BMS) and Energy Management Systems (EMS). The order also includes five years of Annual Maintenance Services (AMC) and a further seven-year extended warranty for the battery containers, providing lifecycle support for the deployed systems, the company said.
The date of completion for the order is December 31, 2026.
“The order marks a further step in Pace Digitek’s strategy to build a scaled and integrated Energy platform, with LPPL being developed as a product-led BESS business spanning manufacturing, product supply, system integration and lifecycle support,” the company said in a press release.
As of 2025, Pace Digitek has operationalised 2.5 GWh of BESS manufacturing capacity. It has now expanded this to 5 GWh, and plans to further scale capacity towards 10 GWh by Q3 FY27. The company has delivered BESS containers representing more than 1.5 GWh of capacity to date.
Pace Digitek said that it also sees C&I applications as an emerging opportunity alongside its core utility-scale BESS business and continues to evaluate opportunities across commercial and industrial customers and other power-intensive users.
Venugopalrao Maddisetty, chairman & MD, Pace Digitek, said: “This order is an important step in strengthening LPPL as a product-led BESS business. It brings together product supply, commissioning, and long-term lifecycle support, enabling us to deepen our participation across the BESS value chain and strengthen our engagement with customers beyond manufacturing.”
