Pace Digitek wins ₹179 crore BSES Rajdhani order
In short
Pace Digitek won a ₹179 crore order for a battery storage project in Delhi. The system will be 57.5 MW/115 MWh, and the contract runs for 12 years with annual capacity revenue of ₹27.1 crore.
This could support future revenue for the company and add to Delhi’s storage capacity. The reporting does not say when the work begins or what profit it may make.
What the reporting says
Pace Digitek won a ₹179 crore order from BSES Rajdhani to develop a 57.5 MW/115 MWh battery storage system in Delhi under a 12-year contract. The update says the project carries annual capacity revenue of ₹27.1 crore. It is not stated when the project starts, how margins will look, or whether any regulatory approvals are still pending.
Why it matters
Pace Digitek secured a ₹179 crore order from BSES Rajdhani to build a 57.5 MW/115 MWh battery storage system in Delhi. The deal is under a 12-year contract and includes annual capacity revenue of ₹27.1 crore. The news is likely supportive for the company’s order book and for the power storage sector, but the source does not state execution timing, financing details, or margin impact.