Pace Digitek Secures ₹4,945 Million BESS Order from NTPC
Filing Summary
Pace Digitek Limited has secured a significant order valued at ₹4,945 million from NTPC Limited for a Battery Energy Storage System (BESS) at the Nabinagar Super Thermal Power Station. The contract includes supply, installation, testing, commissioning, and lifecycle maintenance of a 200 MW / 400 MWh BESS. The execution period is approximately 15 months, followed by 11 years of maintenance. This order increases Pace Digitek’s consolidated order book to ₹110,200 million, reflecting its capabilities in utility-scale energy storage projects.
Pace Digitek Limited has announced the receipt of a Letter of Award from NTPC Limited for a Battery Energy Storage System (BESS) project. The order, valued at ₹4,945 million, is for the implementation of a BESS at the Nabinagar Super Thermal Power Station. This project involves a 200 MW / 400 MWh deployment, marking a significant addition to Pace Digitek’s portfolio in the energy sector.
The financial terms of the contract specify a total value of ₹4,945 million, exclusive of GST. This order contributes to Pace Digitek’s consolidated order book, which now stands at approximately ₹110,200 million. The contract encompasses an Engineering, Procurement, and Construction (EPC) package, highlighting the company’s role in the supply and execution of the BESS infrastructure.
The scope of the project includes the ex-works supply of the BESS EPC package, along with comprehensive annual maintenance for the system’s lifecycle. The deliverables cover supply, logistics, installation, testing, commissioning, and lifecycle maintenance of the BESS infrastructure. Additionally, the project involves associated civil, structural, and site works, underscoring the comprehensive nature of the services provided by Pace Digitek.
The order from NTPC Limited is a testament to Pace Digitek’s capabilities in executing utility-scale energy storage projects. The company’s involvement in this project aligns with its strategic focus on expanding its participation in the energy storage sector. The BESS deployment at the Nabinagar Super Thermal Power Station is a critical component of NTPC’s power infrastructure, reflecting the growing importance of energy storage solutions in the industry.
The execution timeline for the project is approximately 15 months, followed by an 11-year period of comprehensive annual maintenance. This timeline indicates the company’s commitment to delivering the project within the stipulated period while ensuring long-term maintenance support. The project is expected to enhance Pace Digitek’s presence in the energy storage market, leveraging its expertise in end-to-end execution of BESS projects.
NTPC Limited is one of India’s largest public sector undertakings in the power sector. The company focuses on generating electricity and related activities, including engineering, project management, and consultancy services. NTPC’s collaboration with Pace Digitek for the BESS project aligns with its strategic initiatives to incorporate advanced energy storage solutions into its operations.
Pace Digitek Limited is an integrated provider of telecom infrastructure and energy solutions. The company has a track record of delivering projects across the energy and telecom sectors. With a focus on innovation and commitment, Pace Digitek aims to contribute to the renewable energy space, enhancing its role in creating a digitally connected nation.