Pace Digitek Share Price in Focus; Secures ₹179.4 Crore BESS Project From BSES Rajdhani Power

Pace Digitek Limited has received a Letter of Intent (LoI) worth ₹179.4 crore from BSES Rajdhani Power Limited for a battery energy storage system (BESS) project in Delhi.  

The company disclosed it in a stock exchange filing dated 8 October 2026. The project will have a capacity of 57.5 MW/115 MWh and is scheduled to be completed within seven months. 

The contract covers the design, supply, testing, installation, commissioning, operation and maintenance of the storage system across four BSES Rajdhani Power grid station locations. The facility will operate on an on-demand basis. 

12-Year Agreement and Revenue 

The project will follow a 12-year Build, Own, Operate and Transfer (BOOT) model. Under the Battery Energy Storage Service Agreement (BESSA), Pace Digitek will receive a fixed capacity tariff of ₹47.05 lakh per MW annually. 

The company estimates annual contracted capacity revenue from the project at ₹27.1 crore. The agreement adds a long-term storage contract to its existing portfolio of energy infrastructure projects. 

Utility-Scale Storage Portfolio Reaches 3.32 GWh 

The BSES Rajdhani Power contract is Pace Digitek's fifth major utility-scale battery storage project under the build, own and operate or transfer models. Following the award, its utility-scale BOO/BOOT portfolio stands at 3.32 GWh. 

In September 2026, the company secured a separate order worth ₹488.6 crore from NTPC GE Power Services Private Limited. That contract covers standalone battery storage systems, annual maintenance services, and warranty support. 

Order Book and Business Operations 

Pace Digitek said its group had secured additional orders worth ₹761 crore across products and projects since the end of the first quarter of FY2027. Its total executable order book has crossed ₹11,500 crore. 

The company's energy operations include battery storage manufacturing, system integration, equipment supply, engineering, procurement and construction, and operations and maintenance.  

Its subsidiary, Lineage Power Private Limited, manufactures energy storage systems and related power infrastructure products. 

Read More: Brigade Enterprises Share Price in Focus; To Invest ₹40,000 Crore Over Next 3 Years! 

Pace Digitek Share Price Performance  

As of October 9, 2026, 1:16 pm, Pace Digitek share price was trading at ₹164.25, a 1.48% increase from the previous closing price. 

Conclusion 

The ₹179.4 crore contract adds 115 MWh of storage capacity to Pace Digitek's project portfolio. Execution is expected to take seven months, while the service agreement runs for 12 years. 

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