Shares of Pace Digitek fell 2.09% to ₹162 on the NSE after the company announced a ₹179.4 crore BESS order.
The order, a 57.5 MW/115 MWh standalone battery system in Delhi, will be delivered under a 12‑year Build‑Own‑Operate‑and‑Transfer model and is slated for completion in seven months.
Under the long‑term Battery Energy Storage Service Agreement, Pace will receive a fixed capacity tariff of ₹47.05 lakh per MW per year, translating into an annual contracted revenue of ₹27.1 crore.
This contract pushes the firm’s utility‑scale BOO/BOOT storage portfolio to 3.32 GWh, its fifth major project of that type. Earlier this year, Pace secured a ₹488.6 crore deal from NTPC GE Power Services, and has amassed ₹761 crore in fresh orders since the end of Q1 FY27.
Analysts note that Delhi’s push for grid resilience is accelerating BESS deployments, with the BSES order positioning Pace as a key supplier in the region. The company’s end‑to‑end capabilities—from manufacturing to EPC and long‑term operation—give it a competitive edge in the growing 5‑year battery market.
Looking ahead, Pace has no disclosed guidance yet, but the new BOOT arrangement should provide a steady cash‑flow stream, and the firm is reportedly pursuing additional Delhi projects. Investors will watch the company’s next earnings release for confirmation of its expanded revenue trajectory.