Pace Digitek bags ₹709.9 crore BESS order from NLC India Renewables

Pace Digitek Limited on Friday announced that it has received an order worth ₹709.9 crore, including GST, from NLC India Renewables Limited for a battery energy storage system (BESS) project in Tamil Nadu.

According to the company’s exchange filing, the contract involves design, engineering, supply excluding power transformers, manufacturing, forwarding, unloading, storage at site, erection, testing and commissioning on a turnkey basis for a cumulative capacity of 250 MW / 500 MWh BESS project.

The scope of work also includes comprehensive operation and maintenance for a period of 12 years from the commercial operation declaration (COD).

The project will be executed at Ottapidaram SS, Anuppankulam SS and Kayathar SS in Tamil Nadu.

Pace Digitek stated that the order has been awarded by a domestic entity and falls under the battery energy storage infrastructure segment, which continues to witness strong traction amid India’s renewable energy expansion push.

Battery energy storage systems are increasingly becoming critical for grid stability and renewable integration as the country scales up solar and wind capacity.

Pace Digitek, formerly known as Pace Digitek Infra Private Limited, operates in engineering and infrastructure-related solutions and has been expanding its presence in the energy and power sector.

Disclaimer: This article is for informational purposes only and should not be construed as investment advice.