Telecom infrastructure solutions provider Pace Digitek Ltd on Wednesday (December 3) said its material subsidiary, Lineage Power Private Ltd, has received an order worth ₹99.71 crore, including taxes, from Advait Greenergy Private Ltd.
The contract has been awarded for the supply of lithium iron phosphate (LFP) battery energy storage system and other related equipment. The order has been placed by a domestic entity, and the scope includes the purchase of an LFP battery energy storage system along with associated equipment as specified in the purchase order. The company will deliver all goods on a DAP basis.
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The execution timeline requires the initial delivery within 102 days from the effective date, with subsequent deliveries to be completed within 31 days after the first shipment. The full delivery schedule totals 133 days. As per the buyer’s schedule, the first 50% of the BESS DC block supplies must be completed by March 15, 2026, and the remaining system must be supplied by April 15, 2026.
Incorporated in 2007, Pace Digitek is a multi-disciplinary solutions provider specialising in the telecom passive infrastructure industry, including telecom tower infrastructure and optical fibre cables.
Shares of Pace Digitek Ltd ended at ₹211.19, up by ₹0.33, or 0.16%, on the NSE today, December 3.
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(Edited by : Shoma Bhattacharjee)
