Pace Digitek subsidiary sets up R&D center in Pune
Pace Digitek announced that its subsidiary Lineage Power has established the Pace-Lineage Research Center in Pune to focus on Advanced Chemistry Cells and energy storage solutions. The company has partnered with IISER Pune for research on battery materials, aiming to support indigenous technology development and strengthen the local supply chain.

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Pace Digitek announced that its material subsidiary, Lineage Power Private Limited (LPPL), has established the Pace-Lineage Research Center in Pune to strengthen its capabilities in advanced battery technologies. This dedicated Research & Development (R&D) facility is designed to enhance research, engineering, and product development in Advanced Chemistry Cells (ACC) and energy storage solutions. The initiative aligns with the national vision of Atmanirbhar Bharat and Make in India, aiming to contribute to indigenous technology development and strengthen domestic capabilities in the energy storage sector.
Strategic Collaboration With IISER Pune
As part of this initiative, Lineage Power has entered into a research collaboration with the Indian Institute of Science Education and Research (IISER), Pune. The partnership will focus on undertaking research on advanced battery technologies and battery materials, combining the company's industry presence with the academic and scientific expertise of the institution.
Research Focus and Objectives
The research programme at the Pace-Lineage Research Center will concentrate on Advanced Chemistry Cells (ACC), including Lithium-ion (Li-ion) and Sodium-ion (Na-ion) battery materials. Key objectives include improving battery capacity and cycling stability through the optimization of material coatings, tuning of material microstructure and porosity, and the design of new electrolytes. The Center will also conduct detailed material characterization, electrochemical evaluation, and optimization of cell parameters. Additionally, the facility will evaluate and validate raw materials from domestic suppliers to support indigenous technology development and strengthen the local supply chain.
Key Highlights
The following table summarizes the key details of these developments:
| Parameter | Details |
|---|---|
| R&D Center Name | Pace-Lineage Research Center |
| Location | Pune |
| Focus Area | Advanced Battery Technology, ACC |
| Research Partner | IISER Pune |
| Collaboration Domain | Energy Storage Research, Battery Materials |
Strategic Significance
The establishment of the R&D facility reflects Pace Digitek's long-term strategy to expand its research and engineering capabilities in ACC technologies and advanced battery systems. This move complements the company's existing manufacturing, engineering, and project execution capabilities in the Battery Energy Storage System (BESS) segment. Mr. Venugopal Rao Maddisetty, Chairman & Managing Director, Pace Digitek Limited, stated that the collaboration with IISER Pune brings together scientific research and industry expertise to advance battery materials and support indigenous technology development.
Historical Stock Returns for Pace Digitek
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.31% | -1.96% | +9.08% | +24.17% | -8.02% | -8.02% |
What is the expected timeline for the Pace-Lineage Research Center to transition from research to commercial product development?
How will the collaboration with IISER Pune influence Pace Digitek's competitive positioning in the global battery technology market?
What are the potential challenges in scaling up the production of indigenous ACC technologies for mass market adoption?


































