Pace Digitek Limited (NSE:PACEDIGITK) announced via press release on 21 July 2026 that its material subsidiary Lineage Power Private Limited has established a dedicated Research and Development centre in Pune to advance advanced battery technologies and energy storage solutions. The subsidiary has also entered into a research collaboration with the Indian Institute of Science Education and Research, Pune, to conduct research on advanced battery materials and technologies.
Key Highlights
- Lineage Power Private Limited, a material subsidiary of Pace Digitek, has established the Pace-Lineage Research Center in Pune focused on Advanced Chemistry Cells and energy storage research.
- The centre will conduct research on Lithium-ion and Sodium-ion battery materials, including optimisation of material coatings, microstructure tuning, electrolyte design, and electrochemical evaluation.
- Lineage Power has formalised a research collaboration with Indian Institute of Science Education and Research, Pune, to undertake joint research on advanced battery technologies and battery materials.
- The research facility will evaluate and validate raw materials from domestic suppliers to support indigenous technology development and strengthen the local supply chain.
- The establishment of the R&D centre reflects Pace Digitek's strategy to expand research and engineering capabilities in Advanced Chemistry Cells technologies and advanced battery systems.
- The company aims to accelerate technology development, build in-house expertise, and support innovation across the energy storage value chain through this facility.
- The initiative aligns with the vision of Atmanirbhar Bharat and Make in India objectives for developing indigenous energy storage technologies.
About the Company
Pace Digitek Limited (BSE: 544550, NSE:PACEDIGITK) is an integrated infrastructure and energy solutions company headquartered in Bangalore, registered with CIN L31909KA2007PLC041949. The company operates across two primary business segments: Energy and Telecom & Information and Communication Technology. In the energy segment, the company undertakes Battery Energy Storage System design, manufacturing, product supply, integration and deployment. Through its subsidiary Lineage Power Private Limited, the company manufactures and supplies battery energy storage systems, telecom power systems and related energy infrastructure products. The telecom segment involves manufacturing of telecom power systems and provision of engineering, procurement and construction services alongside operations and maintenance for telecom infrastructure and network deployments across multiple circles in India. The company operates across the value chain spanning manufacturing, engineering, procurement and construction and operations and maintenance activities.
Announcement in Detail
Pace Digitek announced the establishment of a dedicated research facility called the Pace-Lineage Research Center located in Pune by its material subsidiary Lineage Power Private Limited. The facility has been created to strengthen the company's research, engineering and product development capabilities in advanced battery technologies, specifically Advanced Chemistry Cells and energy storage solutions. The research programme will focus on Lithium-ion and Sodium-ion battery materials with objectives to improve battery capacity and cycling stability through multiple technical approaches.
The research activities at the centre will encompass optimisation of material coatings, tuning of material microstructure and porosity, design of new electrolytes, detailed material characterisation, electrochemical evaluation and optimisation of cell parameters. A critical component of the facility's mandate is the evaluation and validation of raw materials sourced from domestic suppliers to support indigenous technology development and strengthen local supply chain capabilities. This focus on domestic material sourcing aligns with the broader Atmanirbhar Bharat and Make in India policy framework.
Lineage Power has entered into a formal research collaboration with the Indian Institute of Science Education and Research, Pune, a government research institution. This partnership enables joint research on advanced battery technologies and battery materials, combining institutional scientific research capabilities with industry expertise in battery manufacturing and systems integration. The company intends to use this facility to accelerate technology development, build in-house expertise and support innovation initiatives across the energy storage value chain.
Impact on Investors
Investors will note that the establishment of this dedicated R&D facility represents Pace Digitek's expansion into proprietary research and technology development in the advanced battery sector. The filing shows that the company is investing in scientific capabilities to develop indigenous battery technologies rather than relying solely on licensed or purchased technology. This strategic investment in research infrastructure may position the company to capture technological differentiation in the energy storage market, particularly as regulatory frameworks increasingly favour domestically developed battery solutions and localised supply chains.
The research collaboration with IISER Pune, a reputed scientific institution, indicates access to advanced research capabilities and scientific talent that could accelerate technology maturation timelines. However, investors should note that the establishment of a research facility is a capability-building initiative with uncertain commercialisation timelines. The impact on the company's financial performance and profitability will depend on successful translation of research outputs into commercially viable products and market adoption. The announcement discloses no specific investment amount, funding timeline or expected commercialisation milestones, which limits the ability to quantify near-term financial implications.
Sector / Market Context
India's energy storage market is experiencing structural growth driven by several interconnected factors. The continued expansion of renewable energy capacity, particularly solar and wind installations across the country, creates growing demand for battery energy storage systems to manage intermittency and grid stability. Grid modernisation initiatives and the development of renewable energy zones require complementary storage infrastructure. The Government of India has prioritised advanced chemistry cells development through its Advanced Chemistry Cell Battery Innovation Prize scheme and production-linked incentive schemes, targeting domestic manufacturing of battery cells and advanced battery technologies. These policy initiatives aim to reduce import dependence and build domestic technological capabilities in battery manufacturing and materials science, creating supportive market conditions for companies investing in indigenous R&D and manufacturing.