HBL Engineering bags LoA worth Rs 1,714 crore

HBL Engineering has secured letter of acceptance (LoA) worth Rs 1,714 crore (excluding 18% GST) from Chittaranjan Locomotive. The order involves supply, installation, testing and commissioning of On-board KAVACH Loco equipment (Ver.4.0). The order is to be completed within 12 months. HBL Engineering (formerly HBL Power Systems) is the pioneer in the design, development and manufacture of specialized batteries and DC systems in India. It has more than 30 years of experience in the field of specialized batteries and DC power systems. $HBLENGINE