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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Pace Digitek Ltd

Pace Digitek secures ₹7,020 million BESS contracts from DVC

ORDERS ▲ Positive Development LOW RISK
📅 Filed on BSE: 07 May 2026, 08:03 PM IST  ·  BSE ID: a5a7c4ae-146d-4b7c-880c-4feb8d3a1a54
View Original BSE Filing (PDF)
💡
In Simple Terms
Pace Digitek won a ₹7,020 million contract from DVC for a large battery energy storage system in Jharkhand.
🤖 AI Summary
  • Pace Digitek secured contracts valued at ₹7,020 million (including GST) from Damodar Valley Corporation (DVC).
  • The order is for a 250 MW / 500 MWh Battery Energy Storage System (BESS) project at Maithon, Jharkhand.
  • Scope includes design, engineering, manufacturing-linked supply, installation, testing, commissioning, and 12-year O&M.
  • Execution period is 18 months for supply and EPC, followed by 12 years of comprehensive O&M.
  • This marks Pace Digitek’s first BESS order win for FY2027, building on FY2026 energy order momentum.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total contract value
₹7,020 million (including GST)
Project capacity
250 MW / 500 MWh
EPC execution period
18 months
O&M contract duration
12 years
FY2026 energy order inflows
₹58,147 million
🏢 How This Affects the Company
📈
Business Impact
This order expands Pace Digitek's BESS project pipeline and reinforces its market position as an integrated provider of energy solutions. It adds a significant contract to the company's FY2027 order book.
💰
Financial Impact
The ₹7,020 million contract value will contribute to future revenues over the 18-month EPC and subsequent 12-year O&M periods. This contract adds to the company's confirmed order book.
⚙️
Operational Impact
The project requires execution of design, engineering, supply, installation, testing, and commissioning activities over 18 months. It also involves managing 12 years of comprehensive O&M services for the BESS project.
⚠️
Risk Impact
The 12-year O&M component introduces long-term service commitments and associated operational risks. Successful execution within timelines and budget is critical to mitigating project-specific risks.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders based on this order win disclosure.
👤
Who Is Affected
All shareholders are affected as the company’s business pipeline is strengthened by a new significant contract. The order's ₹7,020 million value adds to the company’s future revenue potential.
🔍
Management Signal
Management is focusing on securing large utility-scale BESS contracts and leveraging integrated manufacturing, EPC, and lifecycle services capabilities.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q1 FY27 financial results — check for initial revenue recognition from this DVC project.
Future order win announcements — monitor pipeline growth in BESS and telecom infrastructure.
Project execution updates — look for specific announcements regarding project milestones or completion.
LOW RISK This is an order win, which generally reduces business risk by securing future revenue.
💡 Investor Takeaway
Pace Digitek received a Letter of Award from Damodar Valley Corporation for a 250 MW / 500 MWh BESS project valued at ₹7,020 million (including GST). This includes supply, EPC, and 12-year O&M services, with EPC execution expected over 18 months.
⚖️ Strengths & Concerns

✅ Positives

  • Securing a ₹7,020 million contract from DVC strengthens the company's order book and diversifies its client base in utility-scale energy storage.
  • The order encompasses design, supply, EPC, and 12-year O&M, highlighting integrated capabilities across the entire BESS value chain.

⚠️ Concerns

  • The contract's long-term O&M component extends operational commitment over 12 years, requiring sustained resource allocation and performance management.
  • No specific financial metrics for the BESS segment are provided, making direct assessment of margin contribution from this ₹7,020 million order difficult.
📅 Company Track Record
Pace Digitek has demonstrated recent success in securing large orders. On March 30, 2026, the company intimated acceptance for a ₹4,945.4 Million BESS EPC and design-life maintenance contract from NTPC. On March 26, 2026, North Western Railway awarded a ₹226.42 Million lattice tower contract to the company.

Based on publicly available historical data. For context only.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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