Pace Digitek Secures Rs. 9297 Million Solar Power Project Order
Filing Summary
Pace Digitek Limited has received an order valued at Rs. 9297 million from Maharashtra State Power Generation Company Limited (MSPGCL). The order involves the design, engineering, manufacturing, supply, erection, inspection, installation, testing, and commissioning of a 200 MWAC grid-connected ground-mounted solar PV power plant. The project includes a power evacuation arrangement to the STU substation and three years of operation and maintenance. The contract is to be executed within 450 days from the acceptance of the Letter of Award. The order does not involve any related party transactions.
Pace Digitek Limited has announced the receipt of an order worth Rs. 9297 million from Maharashtra State Power Generation Company Limited (MSPGCL). The order is for the design, engineering, manufacturing, supply, erection, inspection, installation, testing, and commissioning of a 200 MWAC grid-connected ground-mounted solar PV power plant. This project also includes the associated power evacuation arrangement to the STU substation and three years of operation and maintenance.
The order is classified as a domestic contract, with a completion timeline of 450 days from the date of acceptance of the Letter of Award. The scope of work encompasses all necessary activities to ensure the successful commissioning and operation of the solar power plant.
The order does not involve any related party transactions, and there is no interest from the promoter or promoter group in the entity awarding the contract. This ensures that the transaction is conducted at arm’s length, adhering to regulatory requirements.
Maharashtra State Power Generation Company Limited is a key player in the power generation sector in India, focusing on the development and operation of power plants across various energy sources. The company is committed to expanding its renewable energy portfolio, aligning with national energy goals.
Pace Digitek Limited specializes in providing comprehensive solutions in the field of solar energy. The company focuses on delivering high-quality engineering and project management services for solar power projects. Pace Digitek is dedicated to expanding its presence in the renewable energy sector, contributing to sustainable energy development.