Pace Digitek Limited has informed the Exchange about Bagging/Receiving of orders/contracts
PACEDIGITK · price
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Pace Digitek Limited has received multiple contracts totalling Rs. 7,019.54 million (including GST) from Damodar Valley Corporation (DVC) for a Battery Energy Storage System project at Maithon, Jharkhand. The order comprises three components: supply of plant and equipment worth Rs. 5,737.28 million, EPC services worth Rs. 574.26 million, and a 12-year O&M contract worth Rs. 708 million. Execution timeline is 18 months for supply and EPC work, with the O&M spanning 12 years. DVC is a domestic government-owned corporation, and the company has confirmed no related party interest in the award.
This is a large domestic infrastructure order that positions Pace Digitek in the energy storage segment. The contract size is substantial relative to the company's scale, though revenue context is needed to fully assess the impact on financials.