Pace Digitek Limited has informed the Exchange regarding a press release dated April 01, 2026, titled "Press release".
PACEDIGITK · price
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Pace Digitek has received a Letter of Award from NTPC Limited for a Battery Energy Storage System (BESS) EPC contract valued at ₹4,945.4 million (excluding GST). The project involves a 200 MW / 400 MWh BESS deployment at NTPC's Nabinagar Super Thermal Power Station in Bihar, covering supply, installation, testing, commissioning, and lifecycle maintenance. Execution timeline is approximately 15 months, followed by 11 years of annual maintenance. With this win, the company's consolidated order book stands at around ₹110,200 million, spanning energy, telecom infrastructure, telecom power equipment, and railway infrastructure segments. The order reinforces Pace Digitek's capability in utility-scale energy storage and its integrated execution across the BESS value chain.
This is a positive development — it adds a high-value order from a marquee public sector client, boosts revenue visibility, and strengthens the company's positioning in the growing energy storage space. Shareholders may view this as a sign of improving business momentum, though order conversion to revenue and margins will depend on execution over the next 15+ months.