Pace Digitek Secures ₹7,099 Million BESS EPC and Long-Term O&M Contract from NLC India Renewables
Bengaluru, May 18, 2026 : Pace Digitek Limited, an integrated provider of energy solutions and telecom infrastructure, has secured a Battery Energy Storage System (BESS) EPC and long-term Operations & Maintenance (O&M) contract from NLC India Renewables Limited. The agreement involves the implementation of a 250 MW / 500 MWh BESS project across multiple locations in Tamil Nadu.The total contract value stands at ₹7,099 million, which includes GST. The scope of work encompasses complete Engineering, Procurement, and Construction (EPC) execution, excluding the supply of power transformers, alongside 12 years of comprehensive Operations & Maintenance services.
The project requires comprehensive services, including design, engineering, manufacturing-linked supply, installation, testing, commissioning, and associated civil, structural, and infrastructure works for the 250 MW / 500 MWh BESS project.
Order Overview and Strategic Significance
This contract marks the second BESS order win for the fiscal year 2027, building on strong momentum achieved in FY2026, when the company reported Energy segment order inflows of ₹58,147 million.With this new contract, Pace Digitek’s Year-to-Date (YTD) Energy segment order wins for FY2027 have reached ₹14,119 million, and its cumulative Energy segment order wins now stand at ₹ 97,869 million.
The strategic significance of this project lies in its combination of manufacturing-linked supply with long-term O&M services, which supports predictable, long-term revenue visibility and robust customer engagement. The multi-location deployment also highlights the company's execution scalability across utility-scale energy storage projects.
The company's expanding manufacturing capabilities, EPC expertise, and lifecycle service offerings position it strongly in the evolving utility-scale BESS segment. This win expands Pace Digitek's cumulative BESS project portfolio to over 5 GWh, encompassing utility-scale storage, renewable integration, and grid support applications.
A detailed overview of the order is provided below:
| Detail | Scope |
|---|---|
| Total Contract Value | ₹7,099 million (including GST) |
| Project Size | 250 MW / 500 MWh BESS project in Tamil Nadu |
| Scope of Work | EPC execution excluding supply of power transformers, commissioning and 12-year O&M |
| Execution Period | 12 months for EPC execution and commissioning, followed by 12 years of O&M |
| Locations | Ottapidaram, Anuppankulam, and Kayathar, Tamil Nadu |
Commenting on the development, Chairman & Managing Director, Mr. Venugopal Rao Maddisetty stated that securing the BESS project further strengthens the company’s presence in the utility-scale energy storage segment. He noted that the combination of EPC execution with long-term O&M services allows the company to effectively leverage its capabilities across manufacturing, system integration, and lifecycle support.
The article notes that Pace Digitek Limited is an integrated infrastructure and energy solutions company operating across two primary business segments: Energy and Telecom & ICT. In the energy segment, the company handles BESS design, integration, and deployment, while its subsidiary, Lineage Power Private Limited, manufactures energy storage systems. In the telecom segment, the company focuses on manufacturing telecom power systems and providing EPC services and O&M for network deployments.
PACEDIGITK Stock Price Movement
Pace Digitek Limited shares are slipping by 0.96% in live trading as of 11:53 AM, hovering near ₹177.38. The stock activity is supported by a high trading volume of 1.64 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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