27 Apr , 2026 By : Debdeep Gupta
Shares of Pace Digitek gained 2 percent in the opening trade on April 27 after the company announced a strategic Original Equipment Manufacturer (OEM) partnership with NEC XON Systems Proprietary.
At 09:18am, Pace Digitek was quoting at Rs 177.60, up Rs 3.80, or 2.19 percent, on the BSE.
The agreement, executed in collaboration with Pace Digitek’s subsidiary, Lineage Power (LPPL), aims to expand the company’s presence across key African markets, including South Africa, Botswana, Mozambique, Namibia, and Mauritius.
Under the partnership, NEC XON will act as the go-to-market and deployment partner, responsible for marketing, distribution, and implementation of Pace Digitek’s product portfolio. This includes grid-scale Battery Energy Storage Systems (BESS) and related energy solutions. Meanwhile, Pace Digitek and LPPL will continue to focus on product development, manufacturing, and supply.
The collaboration represents a significant milestone in Pace Digitek’s international expansion strategy, providing access to select African markets through an established regional player. By leveraging NEC XON’s regional market reach, systems integration expertise, and execution capabilities alongside Pace Digitek’s integrated BESS manufacturing strengths, the partnership is expected to create a scalable and execution-driven growth platform.
In a separate update, the company reported total order inflows of ?64,597 million for FY2026. Of this, the energy segment contributed ?58,147 million, while the telecom segment accounted for ?6,450 million.
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