Pace Digitek

Pace Digitek's material subsidiary Lineage Power received a Letter of Award worth ₹92.925 crore, including GST, from Kalpa Power for the supply and commissioning support of a 100 MWh battery energy storage system. The domestic order was scheduled for completion by December 31, 2026, and there was no promoter, promoter-group or group-company interest in Kalpa Power; the order was not a related-party transaction. Energy and BESS projects accounted for about 79.5% of Pace Digitek's Q1 FY27 revenue, with its energy order book at ₹8,453 crore. Consolidated FY26 revenue was ₹2,641 crore, while the company's BESS EPC tenders had generally ranged from ₹584 crore to ₹710 crore.

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Aug 4 (Reuters) - Pace Digitek Ltd PACD.NS:

• PACE DIGITEK - COMMISSIONS 2.5 GWH BESS LINE

Source text: ID:nBSE98tqCs

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July 20 (Reuters) - Pace Digitek Ltd PACD.NS:

• PACE DIGITEK LTD- UNIT AND MEGMEET EXPAND COOPERATION TO SUPPORT AI DATA CENTER POWER INFRASTRUCTURE CAPABILITIES IN INDIA

Source text: ID:nBSEGmKdc

Further company coverage: PACD.NS

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July 13 (Reuters) - Pace Digitek Ltd PACD.NS:

• PACE DIGITEK - SUBSIDIARY SIGNS MOU WITH BONDADA RENEWABLE ENERGY

Source text: ID:nBSEdRWby

Further company coverage: PACD.NS

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** Shares of Pace Digitek PACD.NS rise 2.6% to 217.89 rupees

** Integrated infrastructure and energy solutions co says its unit Lineage Power signed two pacts with Onward Solar Power and Kalpa Power for battery energy storage systems (BESS)

** Pacts cover supply of DC blocks, commercial, industrial and residential BESS, power conversion systems, energy management systems and battery containers

** Stock up 14.3% YTD

(Reporting by Payel Das in Bengaluru)

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July 9 (Reuters) - Pace Digitek Ltd PACD.NS:

• UNIT ENTERS MOU FOR SUPPLY OF BATTERY ENERGY STORAGE SYSTEMS

Source text: ID:nNSE9KbcXF

Further company coverage: PACD.NS

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Lineage Power, the wholly owned subsidiary of Pace Digitek, has entered into a master supply agreement with Guangzhou Rongjie Energy Technology Co., a Chinese lithium-ion battery cell manufacturer, to secure 3 gigawatt hours of LFP battery cells and accessories. The agreement provides a long-term supply framework covering pricing, quality standards, warranties, and delivery timelines, with cells featuring Rongjie Energy Tech's 314 amp‑hour storage‑specific prismatic design. The tie-up is intended to support Pace Digitek's expanding battery energy storage system manufacturing platform and comes as the company scales its BESS capacity to 10 GWh.

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June 29 (Reuters) - Pace Digitek Ltd PACD.NS:

• PACE DIGITEK LTD- CO'S UNIT LINEAGE POWER SIGNS 3 GWH BATTERY CELL SUPPLY AGREEMENT WITH RONGJIE ENERGY TECH

Source text: ID:nnAZN4T4V2M

Further company coverage: PACD.NS

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Pace Digitek's board approved a ₹200 crore investment to expand its battery energy storage manufacturing capacity from 2.5 GWh to 10 GWh, including a new 5 GWh facility and an in-house container fabrication unit for backward integration. The expansion will be funded through internal accruals and commissioned in phases during the current financial year. The board also approved acquiring the remaining 49% stake in subsidiary Inso Pace Private Limited from founder Venugopalrao Maddisetty, making it a wholly owned unit, and created an employee stock option plan covering up to 20 lakh shares. A new research centre in Pune, focused on clean energy technologies, was also greenlit, along with the formation of an additional wholly owned subsidiary and the appointment of retired IRS officer Maya Swaminathan Sinha as an independent director.

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May 18 (Reuters) - Pace Digitek Ltd PACD.NS:

• PACE DIGITEK LTD - SECURES 7.1 BILLION RUPEES CONTRACT FROM NLC INDIA RENEWABLES

Source text: ID:nBSE37S5XL

Further company coverage: PACD.NS

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May 7 (Reuters) - Pace Digitek Ltd PACD.NS:

• RECEIVES 7.02 BILLION RUPEES CONTRACTS FROM DAMODAR VALLEY CORPORATION

Source text: ID:nBSE8XqCq

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April 24 (Reuters) - Pace Digitek Ltd PACD.NS:

• PACE DIGITEK LTD - ANNOUNCES OEM PARTNERSHIP WITH NEC XON SYSTEMS IN SOUTH AFRICA

Source text: ID:nBSE5n1Z9M

Further company coverage: PACD.NS

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April 23 (Reuters) - Pace Digitek Ltd PACD.NS:

• ENTERS EXCLUSIVITY AGREEMENT WITH NEC XON SYSTEMS PROPRIETARY LIMITED

• NEC XON GRANTED EXCLUSIVE RIGHTS TO MARKET, SELL CO'S PRODUCTS

• AGREEMENT COVERS SOUTH AFRICA, BOTSWANA, MOZAMBIQUE, NAMIBIA, MAURITIUS

Source text: ID:nBSEbfPPVG

Further company coverage: PACD.NS

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April 1 (Reuters) - Pace Digitek Ltd PACD.NS:

• PACE DIGITEK LTD - SECURES BESS EPC ORDER FROM NTPC FOR 200 MW / 400 MWH DEPLOYMENT

• PACE DIGITEK LTD - CONTRACT VALUED AT 4.95 BILLION RUPEES

Source text: ID:nBSE2M1p6x

Further company coverage: PACD.NS

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March 30 (Reuters) - Pace Digitek Ltd PACD.NS:

• RECEIVES LETTER OF ACCEPTANCE FOR ORDER WORTH 4.95 BILLION RUPEES

Source text: ID:nBSE5Sfwfc

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March 26 (Reuters) - Pace Digitek Ltd PACD.NS:

• RECEIVES ORDER WORTH 226.42 MILLION RUPEES FROM NORTH WESTERN RAILWAY

Source text: ID:nBSEsj45k

Further company coverage: PACD.NS

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** Shares of India's Pace Digitek PACD.NS jump 2.2% to 185.64 rupees

** Telecom infra co's subsidiary wins order worth 1.59 billion rupees ($17.48 million) from Reliance Industries RELI.NS

** Order for supply of high-capacity lithium-ion battery packs

** PACD down 3.5% so far in 2026

($1 = 90.9570 Indian rupees)

(Reporting by Surbhi Misra in Bengaluru)

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Feb 23 (Reuters) - Pace Digitek Ltd PACD.NS:

• GETS ORDER WORTH 1.59 BILLION RUPEES

Source text: ID:nnAZN4SHUJE

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** Shares of Pace Digitek PACD.NS rise 1.8% to 181.87 rupees

** Telecom infra co gets order worth 890.7 mln rupees ($9.8 mln) from RailTel Corporation Of India RAIT.NS

** Order for IP-based video surveillance system in rail coaches

** YTD, PACD down ~3.5%

($1 = 90.9390 Indian rupees)

(Reporting by Vijay Malkar)

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Feb 19 (Reuters) - Pace Digitek Ltd PACD.NS:

• RECEIVES ORDER FOR 890.7 MILLION RUPEES

Source text: ID:nBSE3Pqryz

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Feb 18 (Reuters) - Pace Digitek Ltd PACD.NS:

• UNIT RECEIVES PURCHASE ORDER WORTH USD 1.3 MILLION

Source text: ID:nNSEvkwVq

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Feb 11 (Reuters) - Pace Digitek Ltd PACD.NS:

• PACE DIGITEK LTD - HAS RECEIVED LETTER OF AWARD (LOA) FROM KARNATAKA RENEWABLE ENERGY DEVELOPMENT LIMITED

• PACE DIGITEK LTD - PROJECT INVOLVES SETTING UP A 250 MW SOLAR PV POWER PROJECT IN KARNATAKA

Source text: ID:nNSE7fkqhL

Further company coverage: PACD.NS

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Feb 10 (Reuters) - Pace Digitek Ltd PACD.NS:

• PACE DIGITEK LTD - RECEIVED AN AWARD FOR DEVELOPING SOLAR PV PROJECT FOR 17.75 BILLION RUPEES

Source text: ID:nNSE1SK0vt

Further company coverage: PACD.NS

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Jan 20 (Reuters) - Pace Digitek Ltd PACD.NS:

• SECURES 943.5 MILLION RUPEES ORDER FROM BSNL

Source text: ID:nBSE5Rrffk

Further company coverage: PACD.NS

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Jan 19 (Reuters) - Pace Digitek Ltd PACD.NS:

• PACE DIGITEK LTD - UNIT RECEIVES PURCHASE ORDER WORTH 943.5 MILLION RUPEES FROM BSNL

Source text: ID:nBSE89mBWh

Further company coverage: PACD.NS

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** Shares of Pace Digitek PACD.NS rise nearly 3% to 215 rupees

** Telecom infrastructure solutions provider bags order worth 1.86 billion rupees ($20.95 million) from Tata Teleservices

** Order is for operating and managing outside plant (OSP) fiber network field operations and inside plant (ISP) operations across five Indian states

** Contract is for an initial term of 3.5 years, co says

** Stock down ~5% since listing on Oct 6

($1 = 88.7760 Indian rupees)

(Reporting by Komal Salecha)

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