Pace Digitek Secures Rs 1,775 Cr Solar Project with 1.1 GWh Battery Storage

• Pace Digitek announced securing a 250 MW solar project from Karnataka Renewable Energy Development Ltd (KREDL).
• The project includes a 1.1 GWh Battery Energy Storage System (BESS) and is valued at Rs 1,775 crore.
• It will be set up at Ryapte in the Pavagada Solar Park.
• The project aims to supply peak power and optimize grid utilization in Karnataka.
• KERC has adopted an interim tariff of Rs 5.51 per unit with Viability Gap Funding (VGF).