EPC Order Win (BESS Project)
Pace Digitek Wins ₹494 Cr NTPC Order for BESS Project
NSE
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BSE
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Pace Digitek Limited has received a Letter of Acceptance (LoA) from NTPC for execution of a Battery Energy Storage System (BESS) EPC project, valued at ₹494.54 crore. The order includes supply, installation, and long-term maintenance.
PRICE-SENSITIVE TRIGGER
Event: Receipt of LoA from NTPC
Type: EPC Order Win (BESS Project)
Impact: Positive
Immediate Effect: Strengthens order book and expands presence in energy storage segment
Client
NTPC Limited
Scope
Supply, installation, commissioning + AMC
Order Value
₹494.54 crore (excluding GST)
Project Type
BESS EPC + Maintenance
What Happened ?
Pace Digitek has received a Letter of Acceptance from NTPC for executing a Battery Energy Storage System (BESS) project at Nabinagar Super Thermal Power Station.
The contract includes end-to-end EPC execution along with long-term maintenance services.
Contract Scope & Details
- Supply of BESS systems
- EPC execution (design, installation, commissioning)
- Comprehensive Annual Maintenance (full lifecycle)
- Logistics, insurance, testing, and training included
Insight: AMC component provides recurring revenue beyond project execution
Management commentary
- Strengthens presence in renewable energy storage segment
- Expands EPC capabilities in BESS
- Aligns with India’s energy transition initiatives
Risk Analysis
Key Risks
- Execution complexity in BESS projects
- Technology performance risks
- Dependence on NTPC (PSU exposure)
- Margin pressure in EPC contracts
Worst Case Scenario
Execution delays or performance issues impacting profitability
Risk Level: Medium
Official Exchange Filing: Pace Digitek Limited