Pace Digitek Subsidiary Lineage Power Secures Strategic BESS Supply Deal with Bondada Renewable
Pace Digitek Limited has strengthened its presence in India’s fast-growing Battery Energy Storage System (BESS) market through its material subsidiary, Lineage Power Private Limited (LPPL). The company announced that LPPL has signed a Memorandum of Understanding (MoU) with Bondada Renewable Energy Private Limited to collaborate on supplying advanced energy storage solutions.
The strategic partnership was announced during India Energy Storage Week (IESW) 2026 in Bengaluru and marks LPPL’s third strategic collaboration signed during the event, highlighting the company’s growing focus on India’s expanding energy storage sector.
LPPL to Become Preferred BESS Supply Partner
Under the MoU, Lineage Power will serve as a preferred Battery Energy Storage System (BESS) supply partner for Bondada Renewable Energy, supporting the company’s future renewable energy projects with integrated storage solutions.
The collaboration will cover a broad portfolio of BESS products, including:
- DC Blocks
- Commercial & Industrial (C&I) BESS Cabinets
- Residential Battery Energy Storage Systems
- Power Conversion Systems (PCS)
- Energy Management Systems (EMS)
- Battery Containers
The partnership is expected to leverage LPPL’s integrated manufacturing capabilities to deliver reliable and scalable energy storage solutions for renewable energy applications.
Expanding Presence in India’s Energy Storage Market
The agreement aligns with Pace Digitek’s strategy of expanding its product-led business by partnering with EPC companies, renewable energy developers, and system integrators across the country.
With India’s renewable energy capacity growing rapidly, demand for efficient battery storage solutions continues to rise. Through partnerships like this, LPPL aims to strengthen its supply ecosystem and increase its participation in utility-scale, commercial, industrial, and residential energy storage projects.
Management Highlights Strategic Importance
Commenting on the development, Venugopal Rao Maddisetty, Chairman & Managing Director of Pace Digitek Limited, said the latest collaboration reflects the increasing market acceptance of the company’s integrated BESS solutions.
He added that the company remains committed to expanding its network of strategic partnerships, strengthening its manufacturing ecosystem, and delivering high-quality battery energy storage products that support India’s clean energy transition.
Supporting India’s Clean Energy Goals
Battery Energy Storage Systems have become a critical component of renewable energy infrastructure by enabling efficient storage and supply of electricity generated from solar and wind projects.
By partnering with Bondada Renewable Energy, Pace Digitek is positioning itself to benefit from the growing investments in India’s clean energy sector while reinforcing its role as a supplier of advanced energy storage technologies.
The latest MoU further strengthens the company’s long-term growth strategy and demonstrates its commitment to supporting India’s transition toward a more sustainable and reliable energy ecosystem.
Key Highlights
| Particular | Details |
|---|---|
| Company | Pace Digitek Limited |
| Subsidiary | Lineage Power Private Limited (LPPL) |
| Partner | Bondada Renewable Energy Private Limited |
| Agreement | Memorandum of Understanding (MoU) |
| Announcement | India Energy Storage Week (IESW) 2026 |
| Strategic Collaboration | Third partnership announced during IESW 2026 |
| Focus Area | Battery Energy Storage Systems (BESS) |
| Products | DC Blocks, C&I BESS, Residential BESS, PCS, EMS, Battery Containers |