Pace Digitek Secures Rs 2,646.5 Mn BSNL Order for Sikkim

Pace Digitek Ltd has received a contract aggregating to Rs. 2,646.50 Million (including GST) from Bharat Sanchar Nigam Limited (BSNL) for the BharatNet project in the Sikkim Telecom Circle. The order encompasses the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network. This strategic development strengthens the company's Telecom & ICT business and expands its digital connectivity infrastructure portfolio. With this addition, the company's total executable order book stands at over Rs. 110,000 million.

Contract Details

The following table outlines the key parameters of the contract awarded to Pace Digitek Ltd:

Parameter	Details
Contract Value	Rs. 2,646.50 Million (including GST)
Client	Bharat Sanchar Nigam Limited (BSNL)
Project	BharatNet Middle-Mile Network – Sikkim Telecom Circle
Completion Period	Within 3 years (1095 days)

Scope of Work

The contract awarded by BSNL covers a broad and integrated scope of services for the Sikkim Telecom Circle. This comprehensive mandate positions Pace Digitek Ltd as a key partner in strengthening telecommunications connectivity in the state of Sikkim, with BSNL entrusting the company with end-to-end responsibilities across the project lifecycle. The key components of the contract include:

Design of the middle-mile network infrastructure
Supply of requisite equipment, including optical fibre cable (OFC) and IP-MPLS routers
Construction and installation of underground and aerial OFC infrastructure
Upgradation of existing infrastructure where applicable
Operation and maintenance of the network

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.59%	-3.49%	-2.53%	-7.66%	-15.42%	-15.42%

Pace Digitek Limited has secured a significant contract from NLC India Renewables Limited (NIRL) for the implementation of a Battery Energy Storage System (BESS) project. The contract, valued at Rs. 7,099.19 Million (including GST), was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation regarding this development was submitted to the stock exchanges on May 16, 2026.

Contract Overview

The awarded contract encompasses the Design, Engineering, Supply (excluding supply of Power Transformers), Manufacturing, Forwarding, Unloading, Storage at site, Erection, Testing & Commissioning on a turnkey basis. The project involves a cumulative capacity of 250 MW / 500 MWh Battery Energy Storage System (BESS). Additionally, the scope includes comprehensive Operation & Maintenance services for a period of 12 years from the Commercial Operation Declaration (COD). The project sites are located at Ottapidaram SS, Annupankulam SS, and Kayathar SS in Tamil Nadu.

The following table summarises the key details of the awarded contract:

Parameter:	Details
Awarding Entity:	NLC India Renewables Limited (NIRL)
Contract Value:	Rs. 7,099.19 Million (including GST)
Project Capacity:	250 MW / 500 MWh Battery Energy Storage System (BESS)
Project Locations:	Ottapidaram SS, Annupankulam SS and Kayathar SS, Tamil Nadu
Nature of Contract:	Turnkey EPC — Design, Engineering, Supply, Manufacturing, Erection, Testing & Commissioning
O&M Period:	12 years from COD (Commercial Operation Declaration)
Execution Timeline:	12 months from the date of Letter of Award
Domestic/International:	Domestic Entity
Related Party Transaction:	No
Promoter/Group Interest in Awarding Entity:	No

Execution Timeline and Scope

The time schedule for the completion of the Commercial Operation Declaration (COD) for the entire capacity is set at 12 months from the date of the Letter of Award. Following the commissioning, the company will provide comprehensive Operation & Maintenance of the BESS System for a period of 12 years, effectively covering the BESS Service Life. The project is classified as a domestic order, and the company confirmed that neither the promoter, promoter group, nor group companies hold any interest in the awarding entity, NIRL.

Regulatory Disclosure

The intimation was submitted by Meghana M P, Company Secretary and Compliance Officer of Pace Digitek Limited. The disclosure was made in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023. The company confirmed that the contract does not fall within the purview of related party transactions.