Pace Digitek Subsidiary LPPL and MEGMEET Expand Strategic Cooperation for AI Data Center Power Infrastructure

Pace Digitek Subsidiary LPPL and MEGMEET Expand Strategic Cooperation for AI Data Center Power Infrastructure​

Bengaluru, India – Pace Digitek Limited, through its subsidiary Lineage Power Private Limited (LPPL), has entered into a strategic cooperation agreement with MEGMEET Electrical India Private Limited. This partnership expands the companies’ collaboration beyond their existing five-year relationship in telecom power solutions to focus on AI data center power infrastructure and strengthen integrated power infrastructure offerings.

Under the terms of the agreement, MEGMEET will function as a strategic supplier of AI data center power systems and related products to LPPL. The cooperation includes providing technical support, product upgrades, training, and lifecycle after-sales services. Product supply will be facilitated through mutually agreed purchase orders, building upon their prior telecom power relationship.

This collaboration significantly strengthens the integrated energy infrastructure portfolio of Pace Digitek Limited. By incorporating AI data center power systems into its offerings, LPPL adds these capabilities to its established Battery Energy Storage System (BESS) manufacturing and system integration expertise. This combination allows Pace Digitek to provide comprehensive solutions spanning power management, energy storage, and system integration specifically for AI data centers.

The partnership aligns with the growing demand for reliable and energy-efficient power infrastructure driven by the expansion of AI computing and hyperscale digital infrastructures. By leveraging its in-house manufacturing, engineering, and project execution strengths, Pace Digitek aims to address these evolving requirements alongside MEGMEET's advanced AI data center power systems.

Executive Perspectives on the Partnership

Mr. Venugopal Rao Maddisetty, Chairman & Managing Director of Pace Digitek Limited, stated that AI data centers represent a significant growth opportunity within the digital infrastructure ecosystem. He noted that existing BESS manufacturing and system integration capabilities provide a strong foundation for participating in this market. "By combining our manufacturing and system integration capabilities with MEGMEET's AI data center power systems, we aim to strengthen our technology portfolio and deliver integrated power infrastructure solutions," he said.

Mr. Sam Hong, Sales Executive at MEGMEET Electrical India Private Limited, expressed pleasure regarding the strategic cooperation. He mentioned that by merging MEGMEET’s advanced power electronics and system-level AIDC power supply solutions with Lineage Power's manufacturing, system integration, and execution capabilities, we aim to support reliable, efficient, and scalable power infrastructure for next-generation data centers in India.

Company Overviews

Pace Digitek Limited is an integrated infrastructure and energy solutions provider operating across two segments: Energy and Telecom & ICT. The Company manages the value chain from manufacturing and engineering to procurement, construction (EPC), and operations and maintenance (O&M). In its energy segment, through Lineage Power Private Limited, it manufactures and supplies BESS and telecom power systems.

MEGMEET Electrical India Private Limited is part of the MEGMEET industrial technology group. The company focuses on power electronics, offering one-stop solutions—covering R&D, manufacturing, sales, and services—for electrical automation hardware and software to support AI and industrial markets worldwide.

PACEDIGITK Stock Price Movement​

As of 11:18 AM today, shares of Pace Digitek Limited are rallying to ₹205.52 in live trading after increasing by 1.75%. The stock has seen significant interest so far, with a total traded volume reaching 332,376 shares.