Pace Digitek Limited on Wednesday announced the receipt of a significant domestic solar EPC order worth ₹375.7 crore from Bondada Engineering Limited, marking a key milestone in its renewable energy foray.
Under the agreement, Pace Digitek will execute Balance of System (BOS) works for a 300 MW AC solar power project.
The scope includes end-to-end engineering and design, procurement and EPC services such as manufacturing, supply, erection, installation, testing and commissioning, along with operations and maintenance support for three years post commissioning.
The project is scheduled to be completed within 15 months from the receipt of the Letter of Award. Management said the order underscores the company’s growing capabilities in handling large-scale solar infrastructure projects and reinforces its strategic focus on expanding its renewable energy footprint in India.
Shares of Pace Digitek Ltd ended 1.33% lower at ₹174.99 on the NSE ahead of the announcement.
