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Pace Digitek secures Rs. 179.4 Cr BESS project from BSES Rajdhani power

Pace Digitek received a Letter of Intent (LoI) from BSES Rajdhani Power Limited (BSES) for the development of a 57.5 MW / 115 MWh standalone Battery Energy
Storage System (BESS) in Delhi.

The project will be developed under a 12-year Build, Own, Operate and Transfer (BOOT) model, with a project capital outlay of around Rs. 179.4 crore. The project is scheduled to be executed within seven months.

The award marks Pace Digitek's fifth major utility-scale BOO/BOOT storage project, further strengthening its portfolio of long-term contracted energy infrastructure assets. With the addition of the BSES project, the Company’s utility-scale BOO/BOOT portfolio has increased to 3.32 GWh.

Under the long-term Battery Energy Storage Service Agreement (BESSA), Pace Digitek will receive a fixed capacity tariff of Rs. 47.05 lakh per MW per year, translating into annual contracted capacity revenue of Rs. 27.1 crore.

The BSES award adds to Pace Digitek Group's recent BESS wins, including the Rs. 488.6 crore order from NTPC GE Power Services Private Limited (NGSL) for supply of standalone BESS along with AMC and warranty services, secured in September 2026.

At 11.26 am, Pace Digitek was trading at Rs. 165.10, up by 2.04%, with a volume of 0.55 lakh shares on the BSE