What PACE Digitek does

PACE Digitek Limited (NSE: PACEDIGITK) is a Bangalore-based, publicly listed multi-disciplinary infrastructure solutions provider operating across three verticals: Telecom (passive tower infrastructure, optical fiber cable, DC power management products), Energy (utility-scale Battery Energy Storage Systems and solar PV), and ICT (surveillance, smart city). The company originated as Pace Systems Private Limited in 2007, pivoted decisively in 2014 by acquiring GE Power Electronics India and rights to the Lineage Power brand—gaining in-house DC power systems and lithium battery manufacturing—and completed a ₹900 crore fresh-issue IPO on NSE/BSE in October 2025.

The company manufactures containerized BESS units (200KW configurations in 1200 KWH and 2500 KWH enclosures) at a 5 GWh automated cell-to-pack facility in Bidadi, Bengaluru—the largest such plant in India per management—with a committed ₹200 crore expansion to 10 GWh. Through its wholly owned subsidiary Lineage Power Private Limited, PACE produces telecom power products including Hybrid DC Power Systems, SMPS, IPMU, AMF panels, rectifier modules, outdoor IP-55 cabinets, and the LP-LFP48100 lithium battery (≥95% efficiency, Modbus RS485, hot-pluggable). The installed base spans 40,000+ telecom towers and 80,000+ km of OFC networks managed across India.

PACE generates revenue through four streams: EPC contracts (₹4,956M and growing FY26), Build-Own-Operate (BOO) long-tenor concessions (₹24,550M in FY26, ~42% of energy segment orders at ₹254,000/MW/month KPTCL tariff), equipment supply contracts (₹3,114M FY26), and multi-year O&M services (11–12 year tenures on DVC, NLC projects). The customer base is concentrated in Indian central/state government utilities (NTPC, NLC India, DVC, KPTCL, KREDL, MSEDCL, BSNL, RailTel) plus select private enterprises (Tata Teleservices, Reliance Industries). FY26 revenue reached ₹2,641.3 crore (+8.3% YoY) with PAT of ₹307.3 crore (+10.1% YoY); management guides FY27 to ₹3,200–3,400 crore. Distribution combines direct enterprise/government sales in India with an OEM partnership with NEC XON for sub-Saharan Africa (South Africa, Botswana, Mozambique, Namibia, Mauritius).

Name

PACE Digitek

Legal name

PACE Systems Private Limited

Website

https://pacedigitek.com

Company type

Public

Founded year

2007

Operating status

Operating

Headcount range

501–1,000 employees

Short description

PACE Digitek Limited is a Bangalore-listed infrastructure solutions company that manufactures utility-scale Battery Energy Storage Systems, telecom DC power products, and optical fiber infrastructure for Indian government utilities (NTPC, NLC, DVC, BSNL) and select private enterprises across India and Africa.

Ownership category

akta.pro rank

Product category

Energy Storage and Telecom Power Equipment Manufacturing

NAICS

Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600), Cogeneration Services & Small Power Producers (4991), Motors & Generators (3621)

akta.pro primary industry

BESS EPC, Integration & Commissioning (EUAFAAAB)

akta.pro secondary industries

Utility-Scale BESS EPC & Integration (EUAEAEAA), Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA), BESS O&M and Lifecycle Services (Warranty, Spares, Monitoring) (EUAEAEAM), Energy Storage & Microgrid Electrical Infrastructure (BESS, Controls) (IMAFAHAE)

Keywords

• Battery energy storage
• Telecom power systems
• Optical fiber infrastructure
• Solar energy solutions
• Lithium battery manufacturing

Headquarters

HQ city

Bangalore

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. EPC Contracts: Engineering, Procurement, and Construction contracts for BESS projects, solar installations, telecom infrastructure, and fiber optic laying. Major projects include NTPC BESS (Rs 495 crore), DVC BESS (Rs 702 crore), NLC India Renewables BESS (Rs 710 crore).
2. Build-Own-Operate (BOO) Contracts: Long-term ownership and operation of energy assets including BESS projects and solar power plants. FY2026 contributed Rs 24,550 million from BOO contracts representing 42% of energy segment orders.
3. Supply Contracts: Supply of telecom power equipment, lithium-ion batteries, BESS containers, and related components to telecom operators and utilities. FY2026 contributed Rs 3,114 million (6%) from supply contracts.
4. Operations & Maintenance Services: Long-term O&M contracts for deployed infrastructure including 12-year BESS O&M (DVC, NLC India Renewables), 5-year AMC for BSNL batteries, and ongoing telecom site maintenance.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

PACE Digitek manufactures and supplies battery energy storage systems (BESS), telecom power management equipment (DC power systems, lithium batteries, AMF panels, inverters, SMPS), telecom tower infrastructure, optical fibre cable networks, and solar energy solutions. The company executes turnkey EPC and Build-Own-Operate projects for government utilities, telecom operators, and private sector clients across India and select international markets.

Product overview

PACE Digitek is a multi-disciplinary solutions provider that has transitioned from a telecom passive infrastructure company to a diversified energy and technology solutions provider. The product portfolio is organized into three main business verticals: Telecom (power management systems, tower infrastructure, OFC), Energy (BESS, solar solutions), and ICT (surveillance, smart city solutions). The core telecom power product line under the Lineage Power sub-brand includes Hybrid DC Power Systems, DC Power Systems, Lithium Batteries (LP-LFP48100), AMF Panels, LT Panels, Diesel Generators, SMPS, Inverters, and Outdoor Cabinets. The energy segment features Battery Energy Storage Systems (BESS) with containerized configurations ranging from 200KW/1200KWH to 200KW/2500KWH. The company operates manufacturing facilities in Karnataka through Lineage Power Private Limited and provides project execution, operations and maintenance services across telecom, energy and ICT segments.

Differentiator

Problem solved

Functional benefit

Brands

• Lineage Power: Subsidiary brand for battery energy storage systems (BESS) manufacturing, telecom power products including DC power systems, SMPS, lithium batteries, AMF panels, and rectifiers for telecom and energy sectors

Products and services

• Hybrid DC Power System Hybrid DC power system for telecom tower sites that integrates multiple power sources (grid, DG, solar, battery) for reliable tower operation. Designed for telecom tower companies and operators managing site power.
• DC Power System Direct current power system designed for telecom tower companies and operators, providing DC power conversion and distribution.
• Charge Control Unit (CCU) Solar charge controller unit for telecom applications that optimizes power drawn from solar modules for battery charging.
• LP-LFP48100 Lithium Battery 19-inch rack-mountable lithium iron phosphate battery with ≥95% efficiency, integrated BMS for voltage/current/temperature control, Modbus RS485 communication, hot-pluggable design, and 10+ year durability for telecom backup power.
• AMF Panel Automatic Mains Failure panel designed by Lineage Power to switch efficiently between electricity board supply, battery and diesel generator, with 32-bit microcontroller, LCD/LED indications, and >99% efficiency.
• LT Panel / Meter Panel Power Management Unit that integrates incoming EB power, Type-1 Surge protection LSP Stage I, alarm panel and DC distribution in a compact IP-55 rated outdoor enclosure for telecom sites.
• Diesel Generator (DG) 12.5 KVA diesel generator operating at 50Hz with single-phase 220V–240V AC output, digital controls and automation technology, used as backup power at telecom tower sites.
• Outdoor IP-55 Cabinet Weatherproof outdoor cabinet rated IP-55 for protecting telecom power equipment in outdoor tower installations.
• Remote Monitoring System (RMS) Remote monitoring system for real-time surveillance and management of telecom power systems, enabling proactive maintenance and informed decision-making.
• Inverter Power inverter for telecom applications that converts DC to AC for tower site equipment.
• SMPS Switched Mode Power Supply for telecom power conversion applications.
• Power System – SCADA SCADA-based power management and monitoring system for non-telecom industrial applications.
• Battery Energy Storage System (BESS) Grid-scale containerized battery energy storage systems available in 200KW/1200KWH and 200KW/2500KWH configurations with cell-to-pack assembly, supporting utility-scale projects and renewable integration for government utilities and private energy developers.
• Telecom Tower Infrastructure End-to-end telecom tower infrastructure offering including tower construction, services, and passive infrastructure solutions for telecom operators and government telecom programs.
• Optical Fibre Cable (OFC) Solutions Optical fibre cable laying solutions for broadband connectivity, including implementation of BharatNet Phase-II and other large-scale fibre rollouts across India.
• Solar Energy Solutions Solar power projects including canal-top solar PV, grid-connected systems, and solarization of telecom towers, executed on a build-own-operate model for government and private clients.
• ICT Solutions Information and communications technology services including IP-based video surveillance systems, smart city projects, and smart classroom solutions for government and enterprise clients.

Quantifiable outcome

• Revenue grew from ₹503.20 crore (FY23) to ₹2,434.48 crore (FY24) representing 383.81% increase
• +3 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core and strategic.

• NEC XON Systems Proprietary LimitedcoreChannel Partner/ Reseller/ Distributor · 24 April 2026OEM partnership enabling NEC XON to market, distribute, and deploy Pace Digitek's battery energy storage systems and energy solutions across South Africa, Botswana, Mozambique, Namibia, and Mauritius. NEC XON handles go-to-market, distribution, and deployment while Pace Digitek and Lineage Power focus on manufacturing and supply. Marks Pace Digitek's first structured foray into sub-Saharan Africa.
• Lineage Power Private LimitedcoreStrategic or Co-development PartnerMaterial subsidiary handling BESS manufacturing, telecom power products, and subsidiary operations. Acquired from GE in 2014 with rights to Lineage Power brand. Operates 5 GWh BESS facility in Bidadi, Bangalore.
• EVE EnergystrategicTechnology or IntegrationEVE Energy CEO Steven Chan congratulated Lineage Power on opening of new BESS factory in Bidadi, Bengaluru. EVE Energy is a key battery cell supplier for BESS manufacturing.

Scale indicators12 records

Recent moves11 records

Expansion highlights7 records

Direct peers

• Sterling and Wilson Renewable Energy: One of India's largest EPC contractors for solar, energy storage, and hybrid projects globally. Directly comparable to PACE Digitek in utility-scale BESS EPC bidding, project execution, and O&M service offerings across India and emerging markets.
• Gensol Engineering: India-focused solar EPC and BESS developer with growing in-house manufacturing. Competes with PACE Digitek for utility-scale BESS and solar-plus-storage tenders, sharing a similar target customer base of government utilities and IPPs.
• Waaree Energies: India's largest solar module manufacturer with an expanding battery storage and EPC business. Comparable to PACE Digitek in its integration of upstream manufacturing with downstream utility-scale solar and storage project execution.
• HBL Power Systems: Indian manufacturer of industrial batteries, power electronics, and DC power systems for telecom, railways, and defense. Highly comparable to PACE's Lineage Power business in telecom-grade power systems and lithium battery products.
• Exide Industries: India's dominant lead-acid battery manufacturer with an emerging lithium-ion cell and BESS business through its Exide Energy Solutions subsidiary. Comparable to PACE Digitek in stationary storage technology and utility-scale battery supply, but at substantially larger scale.
• Amara Raja Energy & Mobility: Indian battery manufacturer with a growing lithium-ion gigafactory in Telangana targeting both mobility and stationary storage. Comparable to PACE Digitek's LP-LFP48100 and containerized BESS product lines in cell-to-pack manufacturing for grid and C&I applications.
• Fluence Energy: Global pure-play BESS integrator and IPP with deep presence in India via joint ventures. Direct comparable to PACE Digitek in utility-scale BESS deployment, with Fluence representing an international benchmark for product, software stack, and project economics.

Broad incumbents

• Tata Power Solar Systems: Subsidiary of Tata Power with established solar EPC and a growing BESS portfolio, plus rooftop and utility-scale offerings. Overlaps directly with PACE Digitek's BESS and solar EPC business but competes from a much larger corporate parent with deeper balance sheet.
• Suzlon Energy: One of India's largest renewable EPC and wind OEM players with growing hybrid and storage offerings. Comparable in targeting government utility-scale renewable + storage projects, though primarily wind-focused rather than battery-centric.
• Sungrow: Global leader in solar inverters and a top-tier BESS system integrator with growing India operations. Comparable to PACE Digitek as a competing supplier of inverters, PCS, and integrated containerized BESS for utility-scale tenders in India and emerging markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/pacedigitek
• Facebookfacebook.com/pacedigitekglobal
• LinkedInlinkedin.com/company/pace-digitek-infra-pvt-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PACE Digitek