Pace Digitek Subsidiary Secures Strategic ₹199.4 Crore Order from Larsen & Toubro
!PACEDIGITK Executive Summary Pace Digitek Ltd is pleased to announce a significant operational milestone achieved by its material subsidiary, Lineage Power Private Limited. The subsidiary has successfully secured a high-value contract worth ₹199.4 crore from infrastructure major Larsen & Toubro Limited (Construction). This development underscores Pace Digitek’s growing footprint in the renewable energy infrastructure sector. Contract Highlights Client: Larsen & Toubro Limited (Construction). End Project: Bihar State Power Generation Company Limited’s (BSPGCL) project in Kajra, Bihar. Order Value: ₹199.4 Crore. Scope of Work: Supply of advanced Battery Energy Storage Systems (BESS). The order mandates the provision of LiFePo4 liquid-cooling BESS integrated containers. Volume: The mandate covers a total quantity of 2,75,825 units designated for the site. Shutterstock Execution Timeline The contract outlines a strict delivery schedule to ensure project efficiency: Manufacturing Clearance: Expected to be executed by December 2025. Final Delivery: Complete supply to be concluded before March 2026. Strategic Momentum & Order Book Expansion This win represents the second major contract for the Pace Digitek group in November 2025, signaling robust momentum in the power and infrastructure vertical. Previous Win: Earlier this month, the company secured a substantial ₹929.76 crore order from Maharashtra State Power Generation Company Limited (MSPGCL) for a 200 MWAC solar PV power plant, including a three-year O&M contract. Implication: These consecutive wins demonstrate the company's technical capability and competitive positioning in securing large-scale government and private sector projects. Market Performance Snapshot Current Price: ₹216.80 (As of Wednesday, Nov 26, 2:15 PM). Intraday Movement: -0.15%. Monthly Performance: The stock has seen a correction of approximately 4.88% over the past month, presenting a specific context for this new order inflow.