MoneyWorks4Me

Pace Digitek’s arm bags LoA worth Rs 488.46 crore from NTPC GE Power Services

21 Sep 2026 Evaluate

Pace Digitek’s material subsidiary -- Lineage Power has received a Letter of Award (LoA) aggregating to Rs 488.46 crore (inclusive of taxes) from NTPC GE Power Services (NGSL) for a supply, delivery, testing, and supervision of erection, testing & commissioning of 5.015 MWh BESS Containers along with BMS and EMS, strictly as per the RFQ documents issued including CMC (Comprehensive Maintenance Contract for 12 years). The order is to be completed by December 31, 2026.

Pace Digitek delivers innovative telecom power systems, optic fiber laying, and renewable energy solutions across India and globally.


Peers
Company Name CMP
HFCL 268.70
Bondada Engineering 290.60
Pace Digitek 158.00
GTL Infrastructure 1.03
STL Networks 41.06
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