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Pace Digitek Wins ₹1,159 Crore BESS Project from Solar Energy Corporation of India

Written by: Team Angel OneUpdated on: 23 Oct 2025, 8:16 pm IST
Pace Digitek bags ₹1,159.31 crore order from SECI for a 600 MW/1,200 MWh Battery Energy Storage System with 10-year maintenance.
Pace Digitek Wins BESS Order
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On October 23, 2025, Pace Digitek Limited announced that it has received an order worth ₹1,159.31 crore (including GST) from Solar Energy Corporation of India Ltd (SECI) for the supply of a 600 MW/1,200 MWh Battery Energy Storage System (BESS) along with 10 years of service and maintenance. This project marks a major milestone in the company’s contribution to India’s renewable energy and storage infrastructure development.

Pace Digitek’s Major BESS Project Details

The SECI order involves turnkey execution of a large-scale BESS project. The contract scope covers design, engineering, supply, and commissioning of the complete 600 MW/1,200 MWh BESS. It includes providing BESS DC blocks with HVAC, fire protection, Power Conversion System (PCS), Battery Management System (BMS), and Energy Management System (EMS). The integration of these systems, cabling, and testing are part of the assignment, followed by a 10-year comprehensive maintenance service.

This project reinforces Pace Digitek’s growing expertise in energy storage solutions, enabling it to play a critical role in India’s transition towards sustainable and reliable power systems.

Execution Timeline and Project Scope

According to the company, 50% of the awarded capacity will be completed within 11 months from the effective date of the contract, and the full 100% capacity within 13 months. Post-supply testing and commissioning will be concluded within 16 months. The project’s long-term maintenance contract reflects SECI’s trust in Pace Digitek’s technical and operational capabilities.

Notably, the order is entirely domestic, with no related party involvement, underscoring its transparency and compliance with SEBI regulations. The comprehensive design-to-maintenance structure ensures performance reliability across the lifecycle of the storage system.

Read More:ACME Solar and Tata Power Sign PPA for 50 MW Firm and Dispatchable Renewable Energy Project!

Strengthening India’s Renewable Energy Vision

This BESS contract aligns with India’s ambitious renewable energy targets, addressing grid stability and energy management challenges associated with solar and wind power. As renewable generation continues to expand, advanced storage solutions like those provided by Pace Digitek will be vital for balancing supply and demand efficiently.

Pace Digitek’s achievement positions it as a key player in the emerging energy storage segment, supporting India’s clean energy transition under the National Energy Storage Mission.

Pace Digitek Share Price Performance

On October 23, 2025, Pace Digitek share price opened at ₹219.99 on NSE, above the previous close of ₹219.84. During the day, it surged to ₹223.75 and dipped to ₹217.00. The stock is trading at ₹221.65 as of 1:17 PM. The stock registered a significant gain of 1.28%.

Conclusion

Pace Digitek’s ₹1,159 crore SECI order for the 600 MW/1,200 MWh BESS project marks a significant stride in India’s renewable energy infrastructure. With a robust execution plan and a decade-long maintenance commitment, the company continues to establish itself as a trusted partner in advanced energy storage solutions driving national sustainability goals.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Oct 23, 2025, 2:45 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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