Pace Digitek Arm Signs PPA with BESCOM for 250 MW Solar with 1100 MWh BESS Project in Karnataka
Pace Digitek’s arm, TRANSGREENX, has signed a PPA with BESCOM for a 250 MW solar PV project integrated with a 250 MW/1100 MWh battery energy storage system at Pavagada Solar Park in Karnataka.
June 02, 2026. By Mrinmoy Dey
“The project is designed to provide reliable peak power, optimise renewable energy utilisation, and enhance grid stability, supporting Karnataka's evolving energy needs while contributing to India's clean energy transition,” stated the company.
The company received the letter of award for the project from Karnataka Renewable Energy Development (KREDL) in February 2026. The Karnataka Electricity Regulatory Commission (KERC) has adopted an interim tariff of INR 5.51 per unit with Viability Gap Funding (VGF) for a tenure of 25 years in accordance with the PPA.
Commercial Operation Date (COD) will be within 18 months from PPA signing. The total cost of the project is estimated at INR 1,775 crore, the company stated in a regulatory filing earlier.
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