Pace Digitek Subsidiary Lineage Power Signs 3 GWh Battery Cell Supply Agreement with Rongjie Energy Tech

Pace Digitek Ltd has announced that its material subsidiary, Lineage Power Pvt Ltd, has signed a Master Supply Agreement (MSA) with Guangzhou Rongjie Energy Technology Co., Ltd. (RJE Tech), a China-based manufacturer of lithium-ion battery cells, as per an exchange filing dated June 29, 2026.  

Under the agreement, RJE Tech will supply 3 GWh of Lithium Iron Phosphate (LFP) battery cells and related accessories for use in battery energy storage systems (BESS). The company disclosed the development in a stock exchange filing dated June 29, 2026. 

Terms Included in the Agreement 

The MSA sets out the terms that will govern future supplies between the two companies. These include pricing, product specifications, delivery schedules, warranty conditions, and quality requirements.  

It also covers product validation, quality checks, and technical coordination during the supply period. The filing states that the agreement is meant to serve as a common arrangement for future orders. 

Details of the Battery Cells 

The supply will include 314Ah prismatic LFP battery cells, which are manufactured for energy storage applications. Rongjie Energy Tech will produce the cells at its facilities in the Guangdong-Hong Kong-Macao Greater Bay Area in China.  

The filing states that supplies will be shipped to India and other overseas markets served by Lineage Power. 

About the Pace Digitek 

Pace Digitek operates in the energy and telecom & ICT sectors. Its activities include manufacturing, engineering, procurement and construction (EPC), and operations and maintenance (O&M).  

Through Lineage Power, the company manufactures battery energy storage systems, DC power plants, AC-DC power supplies and other power management equipment. It also undertakes the design and integration of battery energy storage systems. 

Management Statement 

Mr Venugopal Rao Maddisetty, Chairman & Managing Director, Pace Digitek Limited, stated, "Securing a reliable long-term supply of high-quality battery cells is fundamental to building a scalable and resilient Battery BESS platform.  

This agreement with Rongjie Energy Tech strengthens our manufacturing ecosystem, enhances supply chain visibility and reinforces our ability to execute utility scale and C&I BESS projects with greater confidence.  

Following a comprehensive technical and commercial evaluation, we found Rongjie Energy Tech's manufacturing capabilities, product quality and technology roadmap to be well aligned with our long-term growth strategy.” 

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Pace Digitek Ltd Share Price Performance  

As of June 29, 2026, 2:36 pm, Pace Digitek Ltd share price was trading at ₹200.23, up 0.10% from the previous closing price. 

Conclusion 

With the signing of the Master Supply Agreement, Lineage Power has secured a long-term arrangement for battery cell procurement. The agreement covers future supplies, product standards, delivery schedules and quality requirements. 

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