Pace Digitek Ltd’s arm Lineage Power has received a major purchase order from Reliance Industries Ltd for the supply of high-capacity lithium-ion battery packs. The order is valued at INR 1,587.1 million (inclusive of GST).
Under the agreement, Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314Ah Lithium-Ion battery packs. The industrial-grade systems are designed to provide backup power for telecom loads.
“This order from Reliance Industries Ltd reinforces our position as a trusted provider of critical energy infrastructure in India and supports our strategy of increasing product-led revenues alongside EPC and annuity-linked infrastructure projects,” said Pace Digitek Ltd chairman & managing director, Venugopal Rao Maddisetty. “As large-scale deployments gain momentum, we remain focused on disciplined execution, maintaining high quality standards and scaling manufacturing capacity in line with order visibility.”
With this order, Pace Digitek Ltd’s consolidated order book reaches INR 104,906 million, spanning the telecom & ICT infrastructure and energy segments.
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