Deals Counterparts

Lineage Power to supply lithium-ion battery packs to Reliance Industries

Supply Agreement Battery Storage announced India Feb 24, 2026
EUR1587.1M
Deal Value

Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314Ah Lithium-Ion battery packs to provide backup power for telecom loads to Reliance Industries Ltd. The order is valued at INR 1,587.1 million (inclusive of GST).

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Deal Analysis

Lineage Power's agreement to supply 50,000 lithium-ion battery packs to Reliance Industries for telecom backup power represents a significant development in India's battery storage market. Valued at INR 1,587.1 million, this supply agreement underscores the growing demand for reliable backup power solutions within the telecom sector. Reliance Industries' decision to procure these battery packs highlights a strategic focus on ensuring uninterrupted service and operational resilience. This deal is notable for its scale and the involvement of a major player like Reliance Industries. The deployment of 48V lithium-ion battery packs for telecom infrastructure signals a shift towards more efficient and sustainable energy storage solutions. This agreement could potentially catalyze further investments and partnerships within the Indian battery storage market, encouraging the adoption of advanced battery technologies across various sectors.
  • Lineage Power will supply 50,000 lithium-ion battery packs to Reliance Industries.
  • The deal is valued at INR 1,587.1 million.
  • The battery packs will provide backup power for telecom loads.
  • Reliance Industries' involvement highlights the strategic importance of reliable power for telecom infrastructure.

Source Intelligence

KEY DETAILS

Pace Digitek Ltd’s consolidated order book reaches INR 104,906 million, spanning the telecom & ICT infrastructure and energy segments. "With this order, Pace Digitek Ltd’s consolidated order book reaches INR 104,906 million, spanning the telecom & ICT infrastructure and energy segments."

Deal Size
The order is valued at INR 1,587.1 million (inclusive of GST).
Location
This order from Reliance Industries Ltd reinforces our position as a trusted provider of critical energy infrastructure in India
Announcement
February 24, 2026
PARTIES MENTIONED IN SOURCE
L
Lineage Power seller

"Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314Ah Lithium-Ion battery packs"

R
Reliance Industries Ltd buyer

"Lineage Power has received an order from Reliance Industries Ltd for the supply of high-capacity lithium-ion battery packs."

P
Pace Digitek Ltd N/A

"Pace Digitek Ltd’s arm Lineage Power has received an order from Reliance Industries Ltd for the supply of high-capacity lithium-ion battery packs."

high quality Enriched Feb 24, 2026

Timeline

Announced
Feb 24, 2026
Signed
Closed

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