Pace Digitek Limited has formally intimated the stock exchanges regarding the receipt of a significant contract from NLC India Renewables Limited (NIRL). This disclosure, made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines a turnkey project for the implementation of a 250MW/500MWh Battery Energy Storage System (BESS).

The awarded contract is valued at Rs. 7,099.19 Million (including GST) and encompasses a comprehensive scope of work. Specifically, the project involves design, engineering, manufacturing, supply (excluding power transformers), forwarding, unloading, storage at site, erection, testing, and commissioning. Additionally, the agreement includes 12 years of comprehensive operation and maintenance (O&M) services for the BESS infrastructure, which will be located at the Ottapidaram, Annupankulam, and Kayathar substations in Tamil Nadu. The project is scheduled to be completed within 12 months from the date of the Letter of Award.

Pace Digitek Limited is a Bengaluru-based integrated solutions provider operating across the telecom infrastructure, energy, and information and communication technology (ICT) sectors. The company has evolved from a manufacturer of passive telecom equipment into a full-scale solutions provider, offering end-to-end turnkey EPC execution and long-term O&M services. In 2025, the company’s growth strategy centered on expanding its presence in the renewable energy sector, particularly through the large-scale manufacturing and deployment of containerized, liquid-cooled Battery Energy Storage Systems (BESS). This latest order from NIRL adds to the company’s strong order book, which reflects its increasing focus on high-margin energy verticals.

As reported in the company’s financial results for Q1 of the 2025-26 fiscal year, Pace Digitek Limited demonstrated resilient financial performance. During this period, the company achieved a total income of 3,727.15 Million, marking a 4% growth. Profit Before Tax (PBT) stood at 738.79 Million, reflecting an 11% growth, while Profit After Tax (PAT) reached 546.98 Million, an increase of 10%. Earnings Per Share (EPS) also saw a 1% growth, rising to 3.03. While the company has gained visibility following its 2025 IPO, specific details regarding individual famous retail investors are not publicly highlighted in the available financial reports.