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HBL Power Systems secures various orders

Wednesday, 11 Mar 2020
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HBL Power Systems has secured various work orders. The company has bagged a train collision avoidance system (TCAS) order. The first commercial tenders were finalised by the South Central Railway and the company received the first order worth Rs 70 crore to be executed over the next 18 months.

The company has also received orders from the Indian Navy for seven submarine propulsion batteries. The value of the order is approximate Rs 85 crore, to be delivered over the next 18 months.

HBL has received export orders of over USD 3.6 million for supply of lithium thermal batteries from new customers. The order is be completed over the next 18 months.

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