PACE Digitek has secured a significant ₹494.54 crore contract from NTPC Limited for a Battery Energy Storage System (BESS) project, expanding the company's consolidated order book to ₹11,020 crore. The company announced this major contract win through an official press release and regulatory filing under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Contract Specifications and Order Book Impact

The comprehensive NTPC agreement encompasses supply, installation, and long-term maintenance services for a 200 MW / 400 MWh BESS implementation at Nabinagar Super Thermal Power Station in Bihar. This latest contract win significantly strengthens the company's project pipeline and revenue visibility across energy infrastructure segments.

Project Scope and Components

The contract encompasses comprehensive end-to-end execution capabilities covering the entire BESS value chain. The primary component includes Ex-Works supply for the EPC package for BESS implementation at Nabinagar Super Thermal Power Station. The scope covers supply, logistics, installation, testing, commissioning and lifecycle maintenance of the BESS infrastructure.

Additional services include extensive logistics covering loading and transportation of equipment from manufacturer's works to site, inland transit insurance, delivery, unloading, handling, storage, and preservation. The project also encompasses installation and erection including civil, structural and architectural works, site fabricated steel structures, testing, pre-commissioning, commissioning, and conducting guarantee tests of all plant and equipment.

Management Commentary and Strategic Outlook

Commenting on the development, Chairman & Managing Director Mr. Venugopal Rao Maddisetty stated, "This order from NTPC represents a significant addition to our energy order book and reinforces our capabilities in executing integrated BESS projects. As energy storage becomes an increasingly important component of power infrastructure, our ability to deliver end-to-end execution including supply, infrastructure execution and lifecycle services positions us well for utility-scale opportunities."

Diversified Order Book Portfolio

With this latest contract win, PACE Digitek's consolidated order book stands at approximately ₹11,020 crore, comprising projects across multiple infrastructure segments. The diversified portfolio includes energy projects, telecom infrastructure, telecom power equipment and emerging railway infrastructure segments, providing strong revenue visibility and business momentum across various growth sectors in India's infrastructure development landscape.

Pace Digitek Limited has announced the receipt of a significant contract from North Western Railway, marking a notable business development for the infrastructure company. The Letter of Acceptance, valued at Rs. 226.42 Million including GST, was communicated to stock exchanges under Regulation 30 of SEBI listing requirements.

Contract Details and Scope

The awarded contract involves the provision of Lattice Towers in connection with UHF/LTE & KAVACH Work over balance routes of Jodhpur division of North Western Railway. The project covers an extensive network spanning 996.24 KM, highlighting the substantial scope of the infrastructure development initiative.

Regulatory Compliance and Transparency

The company has fulfilled its disclosure obligations by providing comprehensive details as required under Regulation 30 of SEBI listing regulations. The contract represents a purely commercial arrangement with no promoter group interests or related party transaction implications.

Project Execution Framework

Pace Digitek Limited has been allocated 18 months from the date of issue of the Letter of Acceptance to complete the project execution. This timeline reflects the comprehensive nature of the infrastructure development work required across the extensive railway network coverage.

Strategic Significance

The contract reinforces Pace Digitek Limited's position in the railway infrastructure sector, particularly in advanced communication and safety systems. The KAVACH system represents India's indigenous Automatic Train Protection system, indicating the company's involvement in critical railway safety infrastructure development.