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Pace Digitek Secures Rs 179 Crore Order For Delhi Battery Storage Project
- •Pace Digitek Limited received a Letter of Intent from BSES Rajdhani Power Limited for a 57.5 MW/115 MWh standalone battery energy storage system in Delhi.
- •The project is valued at approximately Rs 179.4 crore and will be developed under a 12-year Build, Own, Operate and Transfer model within seven months.
- •Under the BESSA agreement, the company will receive a fixed capacity tariff yielding an annual contracted revenue of Rs 27.1 crore.
- •This contract takes Pace Digitek's utility-scale storage portfolio to 3.32 GWh, marking its fifth major project of this kind.
Key Questions Answered
Pace Digitek received a Letter of Intent from BSES Rajdhani Power Limited for a 57.5 MW/115 MWh standalone battery energy storage system in Delhi worth approximately ₹179.4 crore. The project will follow a 12-year Build, Own, Operate and Transfer model, with completion expected within seven months.
Under the Battery Energy Storage Service Agreement, Pace Digitek will earn a fixed capacity tariff of ₹47.05 lakh per MW per year, yielding an annual contracted revenue of ₹27.1 crore. This initiative increases the company's utility-scale BOO/BOOT storage portfolio to 3.32 GWh.
Since the end of the first quarter of fiscal year 2027, the Pace Digitek Group has secured ₹761 crore in additional orders across products and projects. This includes the ₹179 crore BSES order as well as a ₹488.6 crore order from NTPC GE Power Services.
