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Pace Digitek secures Rs 70.20 crore contracts from DVC

08 May 2026 Evaluate

Pace Digitek has secured BESS supply, erection and long-term O&M contracts from Damodar Valley Corporation (DVC) for implementation of a 250 MW / 500 MWh Battery Energy Storage System (BESS) project at Maithon, Jharkhand. The contracts with a combined value of Rs 70.20 crore (including GST), comprise supply contract, EPC services contract and long-term operation & maintenance (O&M) contract. The scope includes design, engineering, manufacturing-linked supply, installation, testing, commissioning and 12-year comprehensive O&M, along with associated civil, structural and evacuation infrastructure works.

This marks the first BESS order win for FY2027, building on the strong momentum achieved in FY2026, where the company reported energy order inflows of Rs 5,814.7 crore, led by increasing traction in BESS and renewable-linked opportunities.

The order highlights the company’s ability to execute across the entire BESS value chain, integrating manufacturing, EPC execution and lifecycle services. The company’s manufacturing-led execution model, linking in-house capacity with secured project pipeline, enables tighter control over costs, execution timelines and delivery quality, while supporting scalable growth in utility-scale deployments.

Pace Digitek is a telecom infrastructure solution provider with a significant focus on the telecom infrastructure industry including telecom towers and optical fibre cables.

Pace Digitek Share Price

187.90 -3.00 (-1.57%)
04-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Vindhya Telelinks 2143.15
HFCL 197.05
Pace Digitek 187.90
Bondada Engineering 331.10
GTL Infrastructure 1.57
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