Pace Digitek Secures Rs. 3757 Million Order for Solar Project
Filing Summary
Pace Digitek Limited has announced the receipt of an order valued at Rs. 3757 Million, inclusive of GST, from Bondada Engineering Limited. The order involves Balance of System works for a 300 MW AC Solar Power Project under the Engineering, Procurement, and Construction mode. The scope includes supply, erection, commissioning, and operations and maintenance services for three years. The project is scheduled for completion within 15 months from the receipt of the Letter of Award. This order does not involve any related party transactions.
Pace Digitek Limited has received an order worth Rs. 3757 Million from Bondada Engineering Limited for Balance of System works related to a 300 MW AC Solar Power Project. The order includes supply, erection, and commissioning under the Engineering, Procurement, and Construction (EPC) mode, along with operations and maintenance services for a period of three years.
The project involves design, engineering, site development, manufacture, inspection at the supplier’s works, supply, insurance, transport, storage, erection, installation, testing, and commissioning of the solar power project. The order is awarded by a domestic entity, and the execution is expected to be completed within 15 months from the receipt of the Letter of Award.
The order from Bondada Engineering Limited does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity that awarded the contract. The project is structured under the EPC mode, which includes comprehensive operations and maintenance services for three years following the commissioning of the project.
Bondada Engineering Limited is involved in providing engineering solutions and services, focusing on infrastructure development and renewable energy projects. The company engages in various projects that require specialized engineering expertise and aims to deliver efficient and sustainable solutions.
Pace Digitek Limited specializes in providing engineering and technology solutions, with a focus on infrastructure and renewable energy sectors. The company is committed to delivering high-quality projects and expanding its presence in the renewable energy market through strategic contracts and partnerships.