Pace Digitek Limited’s material subsidiary, Lineage Power Private Limited, has received a Letter of Award (LoA) worth ₹929.25 million, including GST, from Kalpa Power Private Limited for the supply and commissioning support of a 100 MWh Battery Energy Storage System (BESS). The order is scheduled for completion by December 31, 2026.
Pace Digitek disclosed the award to the stock exchanges on August 21, 2026, under the disclosure requirements of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company identified Lineage Power Private Limited as its material subsidiary and Kalpa Power Private Limited as the entity awarding the contract.
₹929.25 Million Letter of Award
According to the regulatory disclosure, the total value of the Letter of Award is ₹929.25 million, including GST, equivalent to approximately ₹92.93 crore.
The contract covers the supply and commissioning support of a 100 MWh Battery Energy Storage System. Pace Digitek has classified the awarding entity as a domestic entity in its disclosure.
The execution of the order is scheduled to be completed by December 31, 2026.
Order Awarded to Lineage Power
The Letter of Award has been received by Lineage Power Private Limited, Pace Digitek’s material subsidiary.
The scope disclosed by the company comprises the supply and commissioning support of the 100 MWh BESS. The August 21 regulatory disclosure identifies the transaction specifically as a Letter of Award and does not describe it as a tender.
Kalpa Power Private Limited is identified as the entity awarding the order. The company is classified as a domestic entity in Pace Digitek’s regulatory filing.
Promoter Interest and Related-Party Disclosure
Pace Digitek also disclosed information concerning its relationship with Kalpa Power.
The company stated that the promoter, promoter group and group companies have no interest in Kalpa Power Private Limited.
Pace Digitek further stated that the order does not fall within related-party transactions.
These disclosures were included as part of the information provided to the stock exchanges regarding the Letter of Award.
Execution Timeline
The order is scheduled for completion by December 31, 2026.
The disclosed execution scope covers the supply and commissioning support associated with the 100 MWh Battery Energy Storage System. Pace Digitek’s August 21 filing provides the order value, scope, awarding entity and completion timeline but does not disclose additional project-specific details.
Key Details of the Award
| Particular | Details |
| Company | Pace Digitek Limited |
| Material subsidiary | Lineage Power Private Limited |
| Awarding entity | Kalpa Power Private Limited |
| Award type | Letter of Award (LoA) |
| BESS capacity | 100 MWh |
| Scope | Supply and commissioning support |
| Order value | ₹929.25 million, including GST |
| Approx. value | ₹92.93 crore |
| Order nature | Domestic |
| Completion date | December 31, 2026 |
Official Regulatory Disclosure
Pace Digitek submitted the announcement to the National Stock Exchange of India Limited (NSE) and BSE Limited on August 21, 2026.
The regulatory filing provides the details of the Letter of Award received by Lineage Power Private Limited from Kalpa Power Private Limited, including the 100 MWh BESS capacity, ₹929.25 million order value including GST, supply and commissioning-support scope, domestic nature of the awarding entity, and December 31, 2026 completion deadline.
The development represents a formally disclosed Letter of Award, rather than a tender announcement. The August 21 filing is the primary source for the order details and does not provide further information on the project’s location, BESS technology, battery chemistry, end customer or project-level deployment.
Official Source
Primary source: Pace Digitek Limited’s regulatory disclosure filed with the stock exchanges on August 21, 2026.Official NSE filing — Pace Digitek, Order Intimation – Kalpa
Leave a Comment