Pace Digitek receives an order worth Rs 1159,31,14,407.03 from Solar Energy Corporation of India Ltd
DSIJ Intelligence-1 / 23 Oct 2025/ Categories: Mindshare, Trending
The company has a market cap of Rs 4,700 crore and the stock is up by 11 per cent from its 52-week low.
On Thursday, shares of Pace Digitek Ltd surged 2.71 per cent to Rs 225.70 per share from its previous closing of Rs 219.75 per share. The stock’s 52-week high is Rs 232 per share and its 52-week low is Rs 203.609 per share. The company has a market cap of Rs 4,700 crore and the stock is up by 11 per cent from its 52-week low.
Pace Digitek Ltd Company has secured a significant domestic order from the Solar Energy Corporation of India Ltd (SECI) valued at Rs 1159,31,14,407.03 (including GST) for a 600 MW/1200 MWh Battery Energy Storage System (BESS). This comprehensive contract involves the complete turnkey supply of the BESS DC Package, including the design, engineering, supply of BESS DC Blocks, Power Conversion System (PCS), Battery Management System (BMS) and Energy Management System (EMS), along with integration, testing and commissioning. Crucially, the contract also mandates 10 years of Comprehensive Maintenance for the entire system following commissioning. The project is set for phased execution, with 50 per cent of the BESS supply due in 11 months and 100 per cent supply complete within 13 months from the Effective Date of the Contract Agreement and final commissioning for 100 per cent capacity to be completed within 16 months.
About the Company
Pace Digitek Ltd is a multi-disciplinary solutions provider with a primary focus on the telecom infrastructure industry. The company offers a diversified presence across telecom towers, optical fibre cables and energy management solutions. Its comprehensive offerings span manufacturing, installation, commissioning and turnkey operations & maintenance, establishing an integrated presence across the entire telecom value chain. Furthermore, Pace Digitek emphasises digital consulting, product engineering, enterprise mobility and cybersecurity solutions, positioning itself as a growing player in India's digital technology and IT services sector by also exploring emerging technologies such as AI, IoT and data analytics.
Disclaimer: The article is for informational purposes only and not investment advice.