Pace Digitek Shares Jump 13% After Subsidiary Bags Rs 488 Crore BESS Order

Pace Digitek shares jump up to 13% on winning Rs 488 crore order

The company said it would continue to invest in capabilities to support customers across the lifecycle of energy-storage systems.

Pace Digitek shares surge 13% after announcing an order win - Order value, other details here

Pace Digitek shares surged as much as 13% in intraday trade on the BSE on Tuesday, 22 September, a day after the company announced receiving a letter of award (LOA) of ₹488.46 crore from NTPC GE Power Services. 

Pace Digitek shares jump 13% after subsidiary bags Rs 488 crore BESS order

Pace Digitek shares surged over 13% to Rs 175.37 on Tuesday after its material subsidiary, Lineage Power, bagged a Rs 488.46-crore BESS order from NTPC GE Power Services. The project at the Barh Super Thermal Power Project involves BESS containers, maintenance, and extended warranty through December 2026.

Pace Digitek arm secures INR 488.46 crore BESS order from NTPC GE Power Services

The order strengthens Pace Digitek’s direct battery energy storage system (BESS) supply business, with scope also covering commissioning and lifecycle support.

Pace Digitek Shares Jump 12% on Rs 488 Crore BESS Order

Pace Digitek shares jumped over 12% on Tuesday, hitting a day high of Rs 175.37, after its arm bagged a Rs 488.46 crore battery storage order. Here is what sparked the rally. Lineage Power, a material subsidiary of Pace Digitek, received a letter of award from NTPC GE Power Services...

Pace Digitek Secures ₹488 Crore Order for BESS Project

Pace Digitek Limited’s subsidiary, Lineage Power Private Limited, has received a ₹488.46 crore order from NTPC GE Power Services for a Battery Energy Storage System project at Barh Super Thermal Power Project. The project includes supply, commissioning, and maintenance services, with plans to enhance manufacturing capacity to 10 GWh by FY2027.