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As on : 09-Jul-2026
Corporate News
09-Jul-2026     19:49


Lineage Power signs two strategic MoUs at 12th India Energy Storage Week 2026

Pace Digitek announced that its subsidiary, Lineage Power (LPPL), has signed two strategic Memorandum Of Understanding (MoU) with Onward Solar Powerand Kalpa Power during the 12th India Energy Storage Week (IESW) 2026 at IICC, Yashobhoomi, New Delhi, where Pace Digitek and LPPL are showcasing their integrated Battery Energy Storage System (BESS) portfolio and advanced energy storage solutions at Hall 1, Stall 4.

The MoUs establish a framework for collaboration under which LPPL will serve as a preferred BESS supply partner, supporting future projects with integrated BESS solutions, including DC Blocks, Power Conversion Systems (PCS), Energy Management Systems (EMS), engineering support, warranty and lifecycle services. Project-specific commercial terms and supply arrangements will be governed by definitive agreements and purchase orders to be executed between the respective parties.

The collaborations are aimed at strengthening the supply of domestically manufactured BESS solutions for utility-scale, commercial & industrial (C&I) and other energy storage applications.

LPPL's integrated manufacturing capabilities enable the Company to offer comprehensive energy storage solutions across the value chain. These partnerships further strengthen Pace Digitek Limited's strategy of expanding its product-led energy storage business through strategic collaborations with EPC companies, renewable energy developers and system integrators.

Commenting on the development, Venugopal Rao Maddisetty, Chairman & Managing Director, Pace Digitek , said: India's energy storage market is entering a phase of accelerated growth, creating significant opportunities for technology-led and domestically manufactured solutions. These strategic collaborations reinforce our commitment to expanding our product supply network and strengthening partnerships across the energy storage ecosystem. By combining our integrated manufacturing capabilities with the market reach and execution strengths of our partners, we aim to support the growing deployment of reliable, high-quality BESS across India.

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