Pace Digitek's Subsidiary Wins Major BESS Supply Contract from NTPC GE Power Services
- Reports
- 3
- Developments
- 2
- Repetition
- 33%
New informationRepeats or wire copies
What happened
Lineage Power Private Limited secured a major contract from NTPC GE Power Services Private Limited. The order, valued at ₹488.46 crore (inclusive of taxes), is for the supply of a 5.015 MWh Battery Energy Storage System (BESS) at the Barh STPP project. The contract also includes a 12-year Comprehensive Maintenance Contract (CMC).
Why it matters
The contract win significantly impacts the business operations of Pace Digitek through its material subsidiary, Lineage Power. The successful award bolsters the order book for the company in the energy sector. The order win caused Pace Digitek shares to surge 13 per cent on September 22, 2026.
Lineage Power is a material subsidiary of Pace Digitek, and Guangzhou Rongjie Energy Technology supplies LFP battery cells to Lineage Power.
How it developed
Newest first. Tap a step to see who reported it.The order is specifically for the Barh STPP project, and analysts commented on Pace Digitek stock.1 source
Lineage Power secured a BESS system supply contract, involving NTPC GE Power Services.1 source