Pace Digitek Ltd (via subsidiary) secured a ₹1,994.20 million order from Larsen & Toubro to deliver LiFePO4 liquid-cooled BESS systems for a power project in Kajra, Bihar under PO dated 24 Nov 2025..
Source: Pace Digitek Limited Press Release (NSE Exchange Fillings) | Published on Nov 26, 2025
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As quoted in the press release of Pace Digitek Limited (NSE Exchange Filings), the company, via its key subsidiary, Lineage Power Private Limited, obtained a purchase order from Larsen & Toubro Construction. The contract value is ₹1,994.20 million (about ₹199.4 crore including taxes), for the provision of battery energy storage systems (BESS), specifically liquid-cooled LiFePO4 BESS integrated container systems, for a power project owned by the Bihar State Power Generation Company Limited. The project is located in the Kajra region of Bihar.
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Order value: ₹1,994.20 million (≈ ₹199.4 crore).
Equipment: LiFePO4 liquid-cooled BESS integrated container systems.
Client: Larsen & Toubro Construction under PO dated 24 November 2025.
End-customer: Bihar State Power Generation Company, Kajra.
Supplier: Lineage Power (subsidiary of Pace Digitek).
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The position of Pace Digitek as a network supplier of utility-grade energy storage systems places them in an ideal place to take advantage of the growth of this sector driven by India's increasing focus on developing a reliable and sustainable power grid while integrating renewable energy sources. The use of lithium iron phosphate (LiFePO4) technology is both safe and durable compared to traditional battery technologies, making it an ideal choice for utility-scale storage applications.
Furthermore, the fact that this project was approved by a major contractor like L&T Construction shows that it meets the contractor's specifications and technical compliance. Thus, this contract also demonstrates Pace Digitek's ability to fulfill large battery energy storage system contracts for institutional-level energy project owners.
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Parameter | Details |
Order value | ₹1,994.20 million (≈ ₹199.4 crore) |
Supplier | Lineage Power (subsidiary of Pace Digitek Ltd) |
Client | Larsen & Toubro Construction |
Project site | Kajra, Bihar (for Bihar State Power Generation Company) |
Equipment | LiFePO4 liquid-cooled BESS integrated containers |
Order date | 24 November 2025 |
The contract provides a substantial boost to Pace Digitek's order book, demonstrating confidence in the company's ability to manufacture and supply advanced battery energy storage systems. If the contract is fulfilled according to schedule, the delivery and commissioning could potentially increase the volume of future contracts in the same sectors of infrastructure and electricity storage.
As of 26 November 2025, Pace Digitek share price stands at ₹15.20 per share on the BSE at 15:30 PM IST, up by 2.8% on the day.
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