Pace Digitek Limited Opens Battery Storage Manufacturing Plant in Bidadi, Karnataka Ahead of IPO

Pace Digitek Limited, a well-established provider of telecom passive infrastructure solutions, has launched a new manufacturing facility in Bidadi Industrial Area, Karnataka. This facility, operated through its subsidiary Lineage Power Private Limited, is dedicated to producing battery energy storage systems (BESS). The plant is designed to produce 2.5 GWh of battery storage capacity annually, with plans to potentially double that output. These battery systems store surplus energy from renewable sources like solar and wind, releasing it when demand peaks or generation drops. BESS technology serves multiple applications, from residential and commercial to utility-scale projects, by efficiently managing the charging and discharging of electrical energy. Maddisetty Venugopal Rao, Chairman and Managing Director of Pace Digitek, stated, "Opening this facility marks a significant step forward. It strengthens our manufacturing reach and aligns with India's push to expand renewable energy capacity." The company aims to supply sustainable battery storage solutions in support of India's renewable energy goals. Rao added, "This initiative reflects our commitment to innovation and renewable energy advancement."

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