Pace Digitek Limited has informed the Exchange about Bagging/Receiving of orders/contracts
PACEDIGITK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Pace Digitek Limited has received a Letter of Acceptance from NTPC Limited (a Government of India PSU) valued at Rs. 4,945.4 Million (approximately Rs. 494.54 Crore), excluding GST. The contract covers an EPC Package for Battery Energy Storage System (BESS) implementation at NTPC's Nabinagar Super Thermal Power Station. The scope includes ex-works supply of equipment, comprehensive annual maintenance for 11 years, and full services such as installation, commissioning, civil works, and training. Supply and services are to be completed within 15 months, followed by an 11-year maintenance contract. The order is from a domestic government entity, and there is no related-party interest involved.
This is a sizeable order from a credible government PSU (NTPC), which strengthens the company's order book and provides long-term revenue visibility through the 11-year maintenance component. For shareholders, this signals business momentum in the growing BESS/energy storage segment, though actual impact on stock price will depend on the order's size relative to the company's overall revenue and execution capabilities.