The combined contract value stands at ₹702 crore, including GST. The scope of work includes design, engineering, manufacturing-linked supply, installation, testing, commissioning and 12-year comprehensive operations and maintenance services. The project also includes associated civil, structural and evacuation infrastructure works.
The company said the contracts comprise supply, EPC services and long-term O&M agreements. The execution timeline is 18 months for supply and EPC execution, followed by 12 years of comprehensive O&M. Pace Digitek said the order marks its first BESS order win for FY2027. The company had reported energy order inflows of ₹5,814.7 crore in FY2026.
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Venugopal Rao Maddisetty, chairman and Managing Director, said, “This order from DVC reinforces our position in utility-scale energy storage and the strength of our integrated model across manufacturing, EPC and lifecycle services.
As energy storage becomes central to renewable integration, we are scaling a manufacturing-led platform aligned to project execution, enabling disciplined delivery, cost efficiency and long-term asset performance. We remain focused on expanding our presence in this high-growth segment.”
Shares of Pace Digitek Ltd ended at ₹186.05, up by ₹5.95, or 3.30%, on the BSE.
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(Edited by : Jomy Jos Pullokaran)
