Pace Digitek bags Rs 17,750M solar and BESS order from KREDL

Order above 5% of revenueGovernment or defence orderBusiness Updates View source PDF Explain this filing

PACEDIGITK · price

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Price reactionminutes from the announcement price · days from the prior close

-0.8%Reaction day

₹186.99

prior close

₹188.77

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-0.3% vs market

Telecom - Infrastructure peers, median of 5sector+2.4%-3.2% vs sector

On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 3.2 pts less than its Telecom - Infrastructure peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Telecom - Infrastructure peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Pace Digitek won a Rs 17,750 million order from KREDL (Karnataka government undertaking) for a 250 MW solar PV project with 1,100 MWh BESS at Pavagada Solar Park. Total order book rises to Rs 102,428 million, with BESS portfolio now over 5 GWh. COD within 18 months, 25 year tenure, Rs 5.51 per unit tariff with viability gap funding support.

Likely market impact

Major order win pushes order book past Rs 10,000 crore, boosting revenue visibility and positioning the company strongly in renewables.