Pace Digitek Secures ₹929 Crore Order from MSPGCL for 200 MWAC Solar Project

Pace Digitek on Monday (November 17) announced that it has received an order worth ₹929.76 crore, including taxes, from the Maharashtra State Power Generation Company Limited (MSPGCL). The company disclosed the development in an exchange filing.

Order Scope and Project Details

The mandate includes the design, engineering, manufacturing, supply, erection, inspection, installation, testing, and commissioning of a 200 MWAC grid-connected ground-mounted solar PV power plant under the larger 300 MWAC programme.

The order also covers the power evacuation arrangement to the State Transmission Utility (STU) substation and includes three years of operation and maintenance (O&M) services. According to the filing, the project must be completed within 450 days from the date of acceptance of the Letter of Award.

Contract Terms and Compliance

Pace Digitek confirmed that the order was awarded by a domestic entity and aligns fully with the specified technical and contractual requirements.

The company added that neither its promoter nor the promoter group has any interest in MSPGCL, and the order does not fall under related party transactions.

Company Background

Founded in 2007, Pace Digitek is a multi-disciplinary solutions provider specialising in telecom passive infrastructure, including telecom tower systems and optical fibre cable solutions. The company has diversified into engineering and EPC services across various sectors, including renewable energy.

Read More: Best Solar Stocks in November 2025.

Conclusion

The new order from MSPGCL expands Pace Digitek’s EPC portfolio with a large-scale solar project involving full-cycle execution and multi-year O&M responsibility. With a defined 450-day timeline and a contract value of ₹929.76 crore, the project adds to the company’s domestic infrastructure pipeline.

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