PACE Digitek Limited, an India-based renewable energy company, has secured a 250 MW AC solar project integrated with a 250 MW/1100 MWh BESS at Pavagada Solar Park in India. The project has been awarded by Karnataka Renewable Energy Development Limited (KREDL) at a total cost of INR 17,750 Million (~ $195.25 Million), with a tariff fixed at INR 5.51 (~ $0.06061) per kWh. The Pavagada solar-storage facility is scheduled to be completed within 18 months from signing of the PPA or the Battery Energy Storage Purchase Agreement and will operate for 25 years from commissioning under the Request for Selection and PPA terms. The company has confirmed that the award does not involve any related party transaction.