Receives Letter of Intent aggregating to Rs. 1,794 Million for 57.5 MW / 115 MWh BESS from BSES Rajdhani Power
Pace Digitek has received a Letter of Intent (LOI) aggregating to Rs. 1,794 Million from BSES Rajdhani Power Limited (BRPL).
- LOI Value
- Rs. 1,794 Million
- Contracted Capacity
- 57.5 MW / 115 MWh
- Project Capital Outlay
- around Rs. 179.4 crore
Pace Digitek has received a Letter of Intent (LOI) aggregating to Rs. 1,794 Million from BSES Rajdhani Power Limited (BRPL) for design, supply, testing, installation, commissioning, operation and maintenance of a Battery Energy Storage System (BESS) with an aggregate contracted capacity of 57.5 MW / 115 MWh at grid station locations of BRPL, for on demand basis operation.
What has been received
- The scope covers design, supply, testing, installation, commissioning, operation and maintenance of a Battery Energy Storage System.
- The aggregate contracted capacity stated is 57.5 MW / 115 MWh.
- The company describes the communication as a Letter of Intent received from BRPL.
How the project is structured
- The project will be developed under a 12-year Build, Own, Operate and Transfer (BOOT) model.
- Project capital outlay is around Rs. 179.4 crore.
- Under the long-term Battery Energy Storage Service Agreement (BESSA), the company will receive a fixed capacity tariff of Rs. 47.05 lakh per MW per year, translating into annual contracted capacity revenue of Rs. 27.1 crore.
Order book and portfolio context
- The company states that its total executable order book exceeds Rs. 11,500 crore.
- It describes this as its fifth major utility-scale BOO/BOOT storage project, and says its utility-scale BOO/BOOT portfolio has increased to 3.32 GWh. ← remove (no entry) — replaced below
Sorry — final text below.
Also from Pace Digitek
Pace Digitek receives Rs. 1,794 million BESS LOI from BSES Rajdhani Power Limited
8 Oct 2026
Board to meet on October 12 to consider proposal to raise funds via NCDs on private placement basis
7 Oct 2026
Investor presentation marks one year of listing; BESS capacity, orders and execution in focus
6 Oct 2026
More numbers
- Letter of Intent value from BSES Rajdhani Power LimitedRs. 1,794 Million
- Aggregate contracted BESS capacity (MW)57.5 MW
- Aggregate contracted BESS capacity (MWh)115 MWh
- BOOT model tenure12-year
- Project capital outlayRs. 179.4 crore
- Fixed capacity tariff under BESSARs. 47.05 lakh per MW per year
- Annual contracted capacity revenueRs. 27.1 crore
- Total executable order bookRs. 11,500 crore
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