Pace Digitek Share Price in Focus After Securing ₹375.72 Crore Solar Project Order from Bondada Engineering

Pace Digitek Limited has announced a significant order win valued at ₹375.72 crore, inclusive of GST, from Bondada Engineering Limited. This order involves the Balance of System (BOS) works for a 300 MW AC solar power project. 

Details of the Solar Project Order 

The order from Bondada Engineering Limited encompasses the design, engineering, site development, manufacture, inspection, supply, insurance, transport, storage, erection, installation, testing, and commissioning of a 300 MW solar power project.  

The project will be executed under the Engineering, Procurement, and Construction (EPC) mode, along with operations and maintenance services for 3 years. 

This project is a domestic initiative, reflecting the growing focus on renewable energy within India. The contract is expected to be completed within 15 months from the receipt of the Letter of Acceptance (LOA). 

Financial Aspects and Execution Timeline 

The total value of the order stands at ₹375.72 crore, which includes GST. The project is scheduled for completion within a 15-month timeframe, ensuring a timely delivery of the solar power capabilities. 

Read More: Piramal Finance Share Price in Focus; Secures $350 Million Funding and Plans Additional Capital Raise! 

Non-Related Party Transaction 

It is noteworthy that the order does not involve any related party transactions. Neither the promoter nor the promoter group has any interest in Bondada Engineering Limited, ensuring that the transaction is conducted at arm's length. 

Pace Digitek Share Price Performance 

As of January 14, 2026, at 12:59 PM, Pace Digitek share price on NSE was trading at ₹176.00 down by 0.76% from the previous closing price. 

Conclusion 

Pace Digitek Limited's acquisition of this substantial order for a 300 MW solar project underscores its capabilities in the renewable energy sector. The project, awarded by Bondada Engineering Limited, highlights the company's role in advancing solar power infrastructure in India. 

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 the securities market are subject to market risks, read all the related documents carefully before investing.