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 Secures ₹7,020 Million BESS Contracts from DVC for 250 MW Project in Jharkhand

May 8, 2026
Pace Digitek Secures ₹7,020 Million BESS Contracts from DVC for 250 MW Project in Jharkhand

Pace Digitek Limited, an integrated provider of energy solutions and telecom infrastructure, has secured BESS supply, erection, and long-term O&M contracts from Damodar Valley Corporation (DVC) for the implementation of a 250 MW / 500 MWh Battery Energy Storage System (BESS) project at Maithon, Jharkhand. 

The contracts with a combined value of ₹7,020 million (including GST) comprise a supply contract, an EPC services contract, and a long-term operation & maintenance (O&M) contract. The scope includes design, engineering, manufacturing-linked supply, installation, testing, commissioning, and 12-year comprehensive O&M, along with associated civil, structural, and evacuation infrastructure works. 

This marks the first BESS order win for FY2027, building on the strong momentum achieved in FY2026, where the Company reported energy order inflows of ₹58,147 million, led by increasing traction in BESS and renewable-linked opportunities. 

The order highlights Pace Digitek’s ability to execute across the entire BESS value chain, integrating manufacturing, EPC execution, and lifecycle services. The Company’s manufacturing-led execution model, linking in-house capacity with secured project pipeline, enables tighter control over costs, execution timelines, and delivery quality, while supporting scalable growth in utility-scale deployments. 

Commenting on the development, Mr. Venugopal Rao Maddisetty, Chairman & Managing Director of Pace Digitek Limited, 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.” 

With continued order wins from leading utilities, Pace Digitek is further expanding its BESS portfolio. The latest project increases the company’s BESS portfolio to over 5 GWh across utility-scale storage, renewable integration and grid support applications, strengthening its position as a vertically integrated BESS player with long-term service and execution capabilities.

Share This News:
#TheBharatMirror#BreakingNews#IndiaNews
Larsen & Toubro Secures Coal-to-Ammonium Nitrate Project in Odisha

Larsen & Toubro Secures Coal-to-Ammonium Nitrate Project in Odisha

Larsen & Toubro (L&T) has secured a major contract for the development of a coal-to-ammonium nitrate project in Odisha, further expanding its presence in India’...
May 8, 2026
K2 Infragen Secures ₹27 Crore Transmission Project from Rajasthan Rajya Vidyut Prasaran Nigam Limited

K2 Infragen Secures ₹27 Crore Transmission Project from Rajasthan Rajya Vidyut Prasaran Nigam Limited

K2 Infragen Ltd., an engineering and core infrastructure company has announced grant of INR 27 Crores Project from Rajasthan Rajya Vidyut Prasaran Nigam Limited...
May 8, 2026
RVNL to Develop Stations on Rishikesh–Karnaprayag Rail Line as Green Buildings Under IGBC Guidelines

RVNL to Develop Stations on Rishikesh–Karnaprayag Rail Line as Green Buildings Under IGBC Guidelines

Rail Vikas Nigam Limited (RVNL) will develop railway stations along the Rishikesh–Karnaprayag new rail line project in accordance with Indian Green Building Cou...
May 8, 2026
De Neers Tools Secures Supply Order from Polycab India for 35,000 Tool Kits

De Neers Tools Secures Supply Order from Polycab India for 35,000 Tool Kits

De Neers Tools Limited has secured an order from Polycab India Limited for the supply of 35,000 electrician tool kits, according to an official communication su...
May 8, 2026