Announced Mon, 13 Jul · 11:18 IST
Subsidiary signs third MoU for BESS supply at India Energy Storage Week 2026
Compliance View source PDF
PACEDIGITK · price
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Price reaction · full curve 14 horizons · vs prior close
-5.1%1-day move
₹216.00
prior close
₹214.40
base price
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AI summary
Pace Digitek's subsidiary Lineage Power Private Limited (LPPL) signed a strategic MoU with Bondada Renewable Energy at the 12th India Energy Storage Week 2026 in New Delhi. This is LPPL's third such MoU at the event. LPPL will serve as a preferred BESS supply partner, providing integrated solutions including DC Blocks, C and I BESS cabinets, Residential BESS, PCS, EMS and battery containers. Project-specific commercial terms are to be finalised later.
Likely market impact
Positive signal for growth as LPPL expands its BESS supply ecosystem. Third MoU at the event shows momentum, though revenue terms remain undecided.