Asia
Pace Digitek Wins Battery Energy Storage Systems Contract Worth INR7.10 Billion
Pace Digitek (NSE:PACEDIGITK, BOM:544550) received a contract worth about 7.10 billion Indian rupees from NLC India Renewables for the development of battery energy storage systems in Tamil Nadu, India, according to a Saturday filing on Indian bourses.Shares of the company fell over 1% in Monday's trade.The order involves design, engineering, supply, erection, testing and commissioning of 250 MW/500 MWh battery energy storage systems at Ottapidaram, Annupankulam and Kayathar substations, the filing said.The project is scheduled to be completed within 12 months from the date of the letter of award and includes 12 years of operations and maintenance services, it added.
BOM:544550NSE:PACEDIGITK
