Archive · 3 Dec 2025
Pace Digitek Arm Secures ₹100-Crore Battery Order
Pace Digitek, a company that makes things for telecom like towers and cables, has a subsidiary called Lineage Power.
This subsidiary just got a big order worth ₹99.71 crore from a company called Advait Greenergy.
The order is for special batteries called Lithium Iron Phosphate (LFP) batteries that store energy.
These batteries and some other equipment need to be delivered in stages, with the first part due in about 102 days and the rest within 133 days.
The company's stock price went up a little bit on the day this news was announced.
Pace Digitek's subsidiary Lineage Power received a ₹99.71 crore order from Advait Greenergy for LFP battery energy storage systems.
The order includes the supply of LFP batteries and related equipment, with deliveries to be completed within 133 days.
Initial delivery is required within 102 days, with subsequent deliveries due within 31 days after the first shipment.
The company's stock price ended at ₹211.19, up 0.16%, on the NSE on December 3, 2023.
Pace Digitek specializes in telecom infrastructure solutions, including tower infrastructure and optical fiber cables.
- Who
- Pace Digitek Ltd (via subsidiary Lineage Power Private Ltd)
- What
- Secured a ₹99.71 crore order for LFP battery energy storage system
- When
- Order announced on December 3, 2023; deliveries start within 102 days
- Where
- India (domestic order from Advait Greenergy Private Ltd)
- Why
- To supply LFP battery energy storage system and related equipment
- Order Value
- ₹99.71 crore (including taxes)
- Client
- Advait Greenergy Private Ltd
- Product
- Lithium Iron Phosphate (LFP) Battery Energy Storage System
- Delivery Timeline
- 133 days total, initial delivery in 102 days
- Company
- Pace Digitek Ltd (via subsidiary Lineage Power Private Ltd)
- Stock Price
- ₹211.19 (up 0.16%) on December 3, 2023