Nifty 5022,450(+0.54%)
Sensex74,200(+0.47%)
Bank Nifty47,800(-0.31%)
USD/INR83.45(+0.06%)
Gold (10g)72,500(+0.35%)
Silver (1kg)88,900(-0.45%)

Pace Digitek Reports INR 64,597 Mn Order Inflows in FY26 Driven by Energy Segment

April 18, 2026
Pace Digitek Reports INR 64,597 Mn Order Inflows in FY26 Driven by Energy Segment

Pace Digitek, along with its subsidiaries, has reported order inflows of INR 64,597 million for FY26, led by strong traction in its energy business. The energy segment contributed INR 58,147 million, while telecom accounted for INR 6,450 million. The order inflow includes major orders across the energy and telecom segments.

The order inflow reflects the company’s increasing participation in Battery Energy Storage Systems (BESS) and renewable-linked opportunities, positioning it to participate in India’s evolving energy transition, the company stated.

Commenting on the performance, Venugopal Rao Maddisetty, Chairman and Managing Director, Pace Digitek, said, “FY2026 marks a pivotal year as we scale our presence in the energy segment, particularly in battery energy storage and renewable infrastructure. The strong order inflows reflect our growing execution capabilities and the trust placed in us by leading public and private sector clients. Our diversified order mix across BOO, EPC, and supply provides a healthy balance of long-term visibility and near-term execution. We remain focused on disciplined growth as opportunities in the energy sector continue to evolve.”

Energy order inflows during FY26 were driven by a mix of Build Own Operate (BOO), EPC and supply contracts across battery energy storage and renewable projects.

BOO contracts contributed INR 24,550 million (42 percent); providing annuity-linked revenue streams and long-term cash flow visibility. EPC contracts contributed INR 30,484 million (52 percent), offering execution visibility driven by utility-scale project deployment. Supply contracts contributed INR 3,114 million (about 6 percent), supporting near-term revenues and capacity utilisation.

The Company, along with its subsidiaries, has secured projects from central and state agencies such as KPTCL, KREDL, NTPC, SECI and MAHAGENCO, along with private sector customers. This diversified order mix provides multi-year execution visibility and balanced revenue streams across project lifecycles, the company stated.

Share This News:
#TheBharatMirror#BreakingNews#IndiaNews
EMotorad Launches ‘Viper’ Electric Cycle at INR 66,999 with NFC Unlocking

EMotorad Launches ‘Viper’ Electric Cycle at INR 66,999 with NFC Unlocking

EMotorad, India’s #1 electric cycle brand, has introduced “Viper”, its most performance-driven and design-forward electric cycle yet. Priced at ₹66,999, the Vip...
April 18, 2026
Waaree Renewable Technologies Doubles Revenue to INR 3,331 Cr in FY26 on Strong EPC Growth

Waaree Renewable Technologies Doubles Revenue to INR 3,331 Cr in FY26 on Strong EPC Growth

Waaree Renewable Technologies Limited (WRTL), the EPC arm of the Waaree Group, has reported a strong financial performance for the financial year ended March 31...
April 18, 2026
KPI Green Energy Receives Inter-State Power Trading Licence from CERC, Enabling Pan-India Market Participation

KPI Green Energy Receives Inter-State Power Trading Licence from CERC, Enabling Pan-India Market Participation

KPI Green Energy Limited has been granted an Inter-State Power Trading Licence (Category IV) by the Central Electricity Regulatory Commission (CERC), marking a ...
April 18, 2026
Yulu EVs Cross 1 Billion Kilometres of Rides in Bengaluru

Yulu EVs Cross 1 Billion Kilometres of Rides in Bengaluru

Bengaluru-born Yulu has announced that its shared Electric Vehicles (EVs) have surpassed one billion kilometres of rides in the city. With 22,500 EVs on the roa...
April 18, 2026