Pace Digitek arm wins order worth Rs 997.1 mn for battery storage equipment

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AI summary

Pace Digitek's material subsidiary Lineage Power has received an order worth Rs 997.10 million (including taxes) from Advait Greenergy Private Limited for LFP Battery Energy Storage System and related equipment. Delivery is split, with first 50% by March 15, 2026 and balance by April 15, 2026. Domestic order, not a related party transaction.

Likely market impact

Positive order win for subsidiary, boosting FY26 revenue visibility through battery storage supply.