HBL Power Systems has bagged orders worth Rs 180 crore which will contribute to the company's growth. The Indian Navy has placed an order for seven submarine propulsion batteries with a value of Rs 85 crore. The product will be delivered over the next 18 months.
The company will supply train collision avoidance systems worth Rs 70 crore to South Central Railway. The contract is executable over the next 18 months. Besides, HBL has received export orders of over Rs 26 crore for supply of lithium thermal batteries.
HBL Power Systems is the pioneer in the design, development and manufacture of specialized batteries and DC systems in India.
| Company Name | CMP |
|---|---|
| Exide Inds | 330.05 |
| Amara Raja Energy | 778.45 |
| HBL Engineering | 786.60 |
| Eveready Inds. India | 302.45 |
| Indo-National | 326.15 |
| View more.. | |
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