Pace Digitek's material subsidiary bags ₹199.4 crore order from L&T

Lineage Power Private Limited, the materials arm of Pace Digitek, has secured an order worth ₹199.4 crore from Larsen & Toubro Limited(Construction), the company anounced on Wednesday, November 26.

The order is for the supply of Battery Energy Storage Systems (BESS) for the Bihar State Power Generation Company Limited’s project in Kajra.

In an exchange filing, Pace Digitek said that the order scope includes the supply of LiFePo4 liquid-cooling BESS integrated containers, with a total quantity of 2,75,825 units designated for the Kajra, Bihar site.

The contract is expected to be executed "upon manufacturing clearance" by December 2025, while the complete delivery needs to be done before March 2026, the company said.

Earlier this month, the telecom infrastructure solutions provider received an ₹929.76 crore order from Maharashtra State Power Generation Company Limited (MSPGCL) for the design, engineering, manufacturing, supply, erection, inspection, installation, testing and commissioning of a 200 MWAC solar PV power plant under 300 MWAC. The scope also includes three years of operation and maintenance.

Shares of Pace Digitek Ltd are trading at ₹216.80, only 0.15% down on NSE as off 2:15 pm on Wednesday. The stock is down about 4.88% in the past one month.