Pace Digitek Ltd has received a Letter of Award (LoA) from Karnataka Renewable Energy Development Ltd (KREDL) to set up a 250 MW solar PV project integrated with a 250 MW/1,100 MWh battery energy storage system (BESS) at Ryapte in the Pavagada Solar Park, Karnataka.
The project, worth INR 17,750 million, was awarded through a tariff-based competitive bidding process and is designed to supply peak power and support grid optimization in the state. The Karnataka Electricity Regulatory Commission (KERC) has adopted an interim tariff of INR 5.51/kWh, along with viability gap funding.
Pace Digitek said the project is scheduled for commissioning within 18 months of signing the power purchase agreement.
Following the award, the company’s total consolidated order book has reached INR 102,428 million. This includes INR 77,792 million in the energy segment (spanning solar EPC, standalone BESS, solar-plus-storage and balance-of-system projects) and INR 24,637 million in the telecom segment (covering tower infrastructure EPC, operation and maintenance, and telecom power equipment supply).
The 250 MW/1,100 MWh project increases Pace Digitek’s total BESS order book portfolio to more than 5 GWh.
“This win is a testament to Pace Digitek’s evolving capabilities in delivering large-scale, integrated renewable energy and storage solutions,” said Venugopal Rao Maddisetty, chairman and managing director of Pace Digitek. “By combining 250 MW of solar power with a massive 1.1 GWh battery energy storage system, the project increases Pace Digitek’s total BESS order book portfolio to over 5 GWh, while enabling the delivery of dispatchable, peak-hour power aligned with long-term grid stability requirements in Karnataka.”
He added that the project will incorporate a minimum of 20% local content, including its indigenously developed energy management system (EMS) software.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.