PACE Digitek Wins ₹92.93 Crore BESS Order; Shares Rise 2.99%

Mumbai August, 21: PACE Digitek Limited said its material subsidiary, Lineage Power Private Limited, has received a Letter of Award worth ₹929.25 million, including GST, from Kalpa Power Private Limited for the supply and commissioning support of a 100 MWh Battery Energy Storage System.

PACE Digitek Subsidiary Secures 100 MWh BESS Order

According to the exchange disclosure, Lineage Power Private Limited has been awarded the contract by Kalpa Power Private Limited for the supply and commissioning support of a Battery Energy Storage System with a capacity of 100 MWh.

The order is valued at ₹929.25 million, including GST, equivalent to approximately ₹92.93 crore. The project is scheduled to be completed by December 31, 2026.

The company classified Kalpa Power as a domestic entity and said the contract does not fall within the related-party transaction category. It also disclosed that the promoter or promoter group has no interest in the entity awarding the order.

Stock Market Snapshot

PACE Digitek shares were trading at ₹180.61, up ₹5.24 or 2.99%, as of 3:11:31 p.m. IST on August 21, 2026, according to the market data provided.

The stock had moved higher during the afternoon session, crossing ₹180 before holding around that level towards the end of the trading day. The PACE Digitek share price was therefore showing a stronger market reaction as the session progressed, with the stock trading above its earlier levels.

The order disclosure adds to the company’s disclosed business pipeline in energy storage infrastructure, with the contract involving both supply and commissioning support for a sizeable battery storage installation.

PACE Digitek Expands Battery Storage Exposure

PACE Digitek operates across technology and infrastructure-related businesses, while Lineage Power Private Limited is identified in the filing as its material subsidiary.

The latest contract places the subsidiary in the Battery Energy Storage System segment, an area linked to grid-scale energy management and the integration of renewable power. The 100 MWh capacity makes the order a notable project within the company’s disclosed order activity.

The contract is also structured around execution within the current calendar year, with completion required by December 31, 2026.

Conclusion

The ₹92.93 crore Letter of Award gives PACE Digitek’s material subsidiary Lineage Power Private Limited a new 100 MWh BESS project from Kalpa Power Private Limited. The contract covers supply and commissioning support and is due for completion by December 31, 2026.

PACE Digitek shares ended the available market snapshot higher at ₹180.61, representing a 2.99% gain. The exchange filing did not disclose any related-party involvement in the order.

Source:

• https://www.nseindia.com/get-quote/equity/PACEDIGITK/Pace-Digitek-Limited
• https://nsearchives.nseindia.com/corporate/PACE_21082026135658_Order_Intimation-Kalpa.pdf