Pace Digitek Limited has announced a major business achievement with the successful acquisition of an order worth ₹94.00 crores. This significant contract win represents a substantial addition to the company's order book and underscores its competitive strength in the market.

Order Details

The company has secured this substantial order, which adds considerable value to its business portfolio. The following table summarizes the key details of this business development:

Business Impact

This order win represents a significant milestone for Pace Digitek, which operates in the telecom equipment and infrastructure services sector. The ₹94.00 crore contract demonstrates the company's ability to secure substantial business opportunities and reinforces its market position.

The successful acquisition of this order reflects the company's competitive capabilities and its established presence in the telecommunications infrastructure space. This development is likely to contribute meaningfully to the company's revenue generation and business expansion efforts.

Market Position

Pace Digitek Limited continues to strengthen its foothold in the telecom equipment and infrastructure services industry. The company's ability to win orders of this magnitude showcases its operational capabilities and market credibility among clients in the telecommunications sector.

Pace Digitek Limited announced on Wednesday the receipt of a significant domestic solar EPC order worth ₹375.7 crore from Bondada Engineering Limited, marking a key milestone in its renewable energy expansion strategy.

Project Specifications and Scope

Under the comprehensive agreement, Pace Digitek will execute Balance of System (BOS) works for a 300 MW AC solar power project. The contract encompasses a wide range of services designed to deliver a complete solar infrastructure solution.

Comprehensive Service Portfolio

The project scope includes end-to-end engineering and design services, along with complete procurement and EPC capabilities. The company will handle:

• Manufacturing and supply of solar components
• Erection and installation services
• Testing and commissioning activities
• Operations and maintenance support for three years post-commissioning

Strategic Significance

Management emphasized that this order underscores the company's growing capabilities in handling large-scale solar infrastructure projects. The contract reinforces Pace Digitek's strategic focus on expanding its renewable energy footprint across India's rapidly growing solar market.

Market Performance

Shares of Pace Digitek Limited ended 1.33% lower at ₹174.99 on the NSE ahead of the announcement, reflecting typical market movements prior to major corporate announcements.