Pace Digitek Wins KREDL's 250 MW Solar/1.1 GWh BESS Project

By Global Infrastructure Sherpa · Feb 11, 2026

Development SolarStorageBattery Storage announced Tumkur, Karnataka, India

USD195.9M

Deal Value

250 MW

Capacity

development

Stage

250 MW Solar/1.1 GWh BESS Project

Project

Pace Digitek has won Karnataka Renewable Energy Development’s (KREDL) auction to develop a 250 MW solar project with a 250 MW/1,100 MWh battery energy storage system (BESS) in Karnataka. The project, located at Ryapte village in Tumkur district, was awarded at a tariff of ₹5.51 (~$0.06)/kWh, with a contract value of ₹17.75 billion (~$195.89 million). The project aims to supply peak power and optimize grid utilization at the Pavagada Solar Park. The scope includes land acquisition, interconnection with KSPDCL and Power Grid Corporation of India substations, and interstate transmission system provision.

Deal Analysis

Pace Digitek's win of Karnataka Renewable Energy Development's (KREDL) auction for a 250 MW solar project coupled with a 250 MW/1.1 GWh Battery Energy Storage System (BESS) in Karnataka signifies a growing trend towards integrated renewable energy solutions in India. The project, valued at ₹17.75 billion (~$195.89 million), aims to supply peak power and optimize grid utilization at the Pavagada Solar Park, addressing intermittency challenges associated with solar power. The scope encompasses land acquisition, grid interconnection with both KSPDCL and Power Grid Corporation of India substations, and interstate transmission system provision, indicating a comprehensive approach to project development. The deal is notable for its scale, combining a substantial solar capacity with a significant BESS component, reflecting a strategic move towards grid stabilization and reliable power supply. The involvement of key players like KREDL, Power Grid Corporation of India, and Bondada Engineering (EPC) underscores the project's importance within the Indian renewable energy landscape. The awarded tariff of ₹5.51 (~$0.06)/kWh suggests competitive pricing within the market, while the project's location in Tumkur district, Karnataka, highlights the state's commitment to renewable energy development.

250 MW solar project paired with a 250 MW/1.1 GWh BESS
Project value of ₹17.75 billion (~$195.89 million)
Aims to supply peak power and optimize grid utilization at Pavagada Solar Park
Involves key players like KREDL, Power Grid Corporation of India, and Bondada Engineering

Market Context: India's renewable energy sector is experiencing rapid growth, with a focus on solar power and increasing integration of battery storage to enhance grid stability and reliability. Karnataka is a leading state in renewable energy adoption, actively promoting solar projects and energy storage solutions.