Pace Digitek Limited, through its subsidiary Lineage Power Private Limited (LPPL), has entered into a strategic cooperation agreement with MEGMEET Electrical India Private Limited to strengthen its presence in AI data centre power infrastructure, as per the exchange filings.
The partnership expands a collaboration spanning more than five years in telecom power solutions, while broadening the companies' focus to integrated power infrastructure for AI-driven digital infrastructure.
Under the agreement, MEGMEET will serve as a strategic supplier of AI data centre power systems and related products to LPPL.
The collaboration also covers technical support, product upgrades, training and lifecycle after-sales services, with product supplies to be undertaken through mutually agreed purchase orders.
The partnership adds AI data centre power systems to LPPL's existing Battery Energy Storage System (BESS) manufacturing and system integration capabilities.
According to the company, the combination of power management, energy storage and system integration expertise broadens Pace Digitek's integrated energy infrastructure portfolio and positions it to address the growing demand created by AI computing, hyperscale data centres and digital infrastructure.
Mr. Venugopal Rao Maddisetty, Chairman & Managing Director, Pace Digitek Limited, said: “AI data centers represent a significant growth opportunity within the digital infrastructure ecosystem and our existing BESS manufacturing & system integration capabilities provide a strong foundation for participating in this evolving market.”
Mr. Sam Hong, Sales Executive, MEGMEET Electrical India Private Limited, said: “We are pleased to enter this strategic cooperation with Pace Digitek and Lineage Power as India's AI and digital infrastructure market continues to expand.”
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As of 20 July 2026, Pace Digitek Limited share price closed at ₹202.43 per share, reflecting a surge of 0.22% from the previous trading session.
The partnership expands Pace Digitek and MEGMEET's collaboration into AI data centre infrastructure, strengthening integrated power solutions for India's growing AI and digital infrastructure.
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Published on: Jul 20, 2026, 4:36 PM IST
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