Pace Digitek locks in 3 GWh of LFP cells for its 10 GWh battery push
Its subsidiary Lineage Power signs a master supply agreement with a Chinese cell maker, covering roughly 30% of the expanded BESS capacity and easing a key execution risk.
— 4 earlier stories on Pace Digitek Ltd. →What's new
- Lineage Power, Pace Digitek's subsidiary, signs a master supply agreement with Guangzhou Rongjie Energy Technology for 3 GWh of LFP battery cells.
- The deal covers pricing, quality, warranties, and delivery timelines for 314 Ah prismatic cells suited for storage.
- The supply supports Pace Digitek's BESS capacity ramp-up from 2.5 GWh to 10 GWh, covering about 30% of the expanded capacity.
Why this matters
Cell sourcing is a critical bottleneck for small-cap battery players. By locking in 3 GWh from a reputable Chinese manufacturer, Pace Digitek reduces procurement uncertainty and strengthens its ability to execute the 10 GWh expansion plan and deliver on its ₹11,338 cr order book.
What we're watching
- Whether the agreement includes pricing safeguards against lithium volatility.
- Delivery timelines relative to the October 2026 capacity target.
- Any plans to localise cell sourcing to reduce supply-chain risk.
The full read
Pace Digitek's subsidiary Lineage Power has signed a master supply agreement with Chinese cell maker Guangzhou Rongjie Energy Technology for 3 GWh of LFP battery cells. The deal covers pricing, quality, and delivery for storage-specific 314 Ah prismatic cells. That's about 30% of the company's expanded 10 GWh BESS target, which Pace committed ₹200 crore to build earlier this year. The order book already stands at ₹11,338 crore. For a small-cap player, cell sourcing is a make-or-break execution risk. This agreement doesn't solve all of it — 7 GWh remains unsecured — but it locks in a material slice from a reputable supplier at fixed terms. It removes one layer of procurement uncertainty. That makes the 10 GWh ramp-up look more credible, not just ambitious.
Questions answered
- What is the size of the supply agreement and how does it relate to Pace Digitek's capacity plans?
- The master supply agreement covers 3 GWh of LFP cells, which is about 30% of Pace Digitek's target BESS capacity of 10 GWh. The company is ramping up from 2.5 GWh to 10 GWh by October 2026.
- Who is the supplier and what cells are being supplied?
- Guangzhou Rongjie Energy Technology, a Chinese lithium-ion cell manufacturer, will supply 314 amp-hour storage-specific prismatic LFP cells and accessories.
- What are the key terms of the agreement?
- The master supply agreement covers pricing, quality standards, warranties, and delivery timelines. The exact rupee value has not been disclosed.
- Why is this agreement significant for Pace Digitek?
- It reduces cell sourcing risk, a key execution challenge for the company as it scales BESS capacity. The tie-up provides long-term supply assurance and supports its ₹11,338 cr order book.
- Does this agreement fully secure cell supply for the 10 GWh expansion?
- No, it covers about 30% of the expanded capacity. The remaining 7 GWh of cell requirements will need additional sourcing arrangements or in-house production plans.
Pace Digitek Ltd.
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All notes on PACEDIGITK →- 29 Jun 2026 · 12:15 PM IST Pace Digitek locks in 3 GWh of LFP cells for its 10 GWh battery push
- 16d ago Pace Digitek commits ₹200 cr to quadruple battery storage capacity
- 33d ago Pace Digitek's ₹11,338 cr order book and lithium hedge detailled in transcript
- 41d ago Pace Digitek doubles battery capacity target to 10 GWh by 2026
- 41d ago Pace Digitek's consolidated profit jumps 88% as standalone business slips