Pace Digitek subsidiary wins BESS order for Bihar power project
Author: PPD Team Date: November 27, 2025
Author: PPD Team Date: November 27, 2025
Lineage Power Private Limited, a material subsidiary of Pace Digitek Limited, has secured an order from Larsen and Toubro Limited, Construction, for a Battery Energy Storage Systems package under the Bihar State Power Generation Company Limited project in Kajra, Bihar.
The scope covers the supply of LiFePo4 liquid cooling BESS integrated containers. The contract is valued at Rs 1,994.20 million, including taxes. The company will supply 55 units with a combined capacity of 275,825 kWh. Manufacturing clearance is expected by December 2025, and the full delivery schedule extends to March 2026. The company stated that the order is domestic in nature and does not involve a related party transaction.
The announcement has been made under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations 2015.
Author: PPD Team Date: October 17, 2024 Waaree Energies has announced its initial public offering (IPO), set to launch on October 21, 2024. The anchor investor bidding will open on October 18, and the offer will close on October 23. The IPO includes 4.8 million equity shares with a total value of Rs 36 billion. The price band is set between Rs 1,427 and Rs 1,503 per share, with a minimum bid of 9 shares. …
Author: PPD Team Date: May 1, 2025 Equinor and Polenergia have received the final environmental decision for the Bałtyk 1 offshore wind farm in Poland’s Baltic Sea. The clearance, issued by the Regional Director for Environmental Protection in Gdańsk, marks a key milestone ahead of Poland’s 2025 offshore wind auction. Bałtyk 1 will have a planned capacity of up to 1.56 GW and will be located 81 km off the Polish coast. Power from the…
Author: PPD Team Date: March 20, 2026 SJVN Limited has appointed Parthajit De as Whole-time Director (Finance) on its board, effective March 19, 2026. The appointment, for a five-year term, was made by the Ministry of Power (MoP) and disclosed to stock exchanges on the same day. De joins SJVN from NHPC Limited, where he spent over 27 years across project locations and the corporate office. In his most recent role, he headed the Corporate…
Author: PPD Team Date: January 7, 2025 The Ministry of Industry and Trade (MoIT) of Vietnam is revising its Power Development Plan VIII (PDP VIII) to incorporate waste-to-energy projects. The revision will integrate local government proposals, focusing on waste resource capacities and their impact on the national grid. The updated plan is set to be submitted to the Prime Minister for approval by February 2025. This follows the approval of Decision No. 262/QD-TTg, which includes…
Author: PPD Team Date: September 29, 2025 Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed a Memorandum of Understanding (MoU) with Bank of Baroda to provide financing solutions for micro, small and medium enterprises (MSMEs) and commercial and industrial (C&I) customers adopting solar energy. Under the agreement, Bank of Baroda will extend loans for projects up to 10 megawatts (MW) executed by TPREL or its authorised channel partners. Borrowers will…
Author: PPD Team Date: March 2, 2026 The Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects has recommended environmental clearance for NHPC Limited’s (NHPC) 1,720 MW Kamala Hydroelectric Project in Arunachal Pradesh, while recording concerns over the proposed felling of more than 2.3 million trees. The recommendation was made at the EAC’s 47th meeting. The project, estimated at Rs 23,764 crore, will be developed across Kamle, Kra Daadi and Kurung Kumey districts on…