Pace Digitek Secures NTPC EPC Contract for ₹494 Crores.
Pace Digitek Limited, a company that manufactures battery energy storage systems and lithium-ion battery products, on Monday, March 30, 2026, announced that,
The Company has received a Letter of Acceptance from NTPC Limited, a domestic entity, for battery energy storage systems (BESS). Source: BSE.
NTPC Contract Details
National Thermal Power Corporation (NTPC), India’s largest state-owned power utility, has awarded Pace Digitek a contract for
The supply for Engineering, Procurement, and Construction (EPC Package) for BESS Implementation at Nabinagar Super Thermal Power Station.
The contract includes Comprehensive Annual Maintenance for the entire design life of the BESS system, as part of the EPC Package for BESS Implementation at the proposed destination.
Pace Digitek will provide services, such as loading and transportation of equipment from the manufacturer’s works to the proposed site.
Other variables, such as inland transit insurance, delivery at site, receipt, unloading, handling, storage, preservation, conservation, and in-plant transportation, as well as insurance covers (other than inland transit insurance), will be borne by Pace_Digitek.
The Contract also includes Installation (erection), including Civil, Structural, and Architectural Works, Site Fabricated, Steel Structures, testing, Pre-Commissioning, commissioning, and conducting Guarantee tests of all the plant and equipment or materials supplied under the First Contract.
Lastly, Pace_Digitek will provide training and safety-related issues for the EPC Package for BESS Implementation at Nabinagar Super Thermal Power Station.
Contract Size
The total value of the proposed EPC contract is INR 494.54 Crores (Rupees Four Hundred Ninety-four Crores and Fifty-four Lac Only) (excluding GST).
Duration
The Ex-Works supply and Services of the new contract are to be executed over a period of 15 months, while the Comprehensive Annual Maintenance will be for 11 years, a company management official said.
Exchange Compliance
The Company has filed these details in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Refer to Pace Digitek News today for more information.
Market Cap: The company’s market capitalization is ₹3,060 Cr.
Technical: The stock is trading below its major simple moving averages (20-day, 50-day, and 100-day) with all SMAs sloping downwards.
Price Performance: On a year-to-date (YTD) basis, Pace Digitek’s stock has lost 24.80% and is down 23.80% in the last three-month period. However, the company’s shares are trading 14.45% lower in the last one-month period.
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