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LEEL Electricals forays into aerospace sector for engine cooling and air conditioning

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Capital Market

Receives order for supply of oil cooling systems for helicopter platform of Hindustan Aeronautics

LEEL Electricals has secured its first program for offering Design, Development, Manufacturing and Supply of Oil Cooling System including Heat Exchanger to Hindustan Aeronautics (HAL) for its Helicopter platform. This order is a step forward for the company to enter into the aerospace sector for Engine Cooling and Air Conditioning.

Initially, the Company has received order of Rs.7.3 crore which is more likely to result in follow up orders on the same programme. Furthermore, the Company is uniquely positioned and only Indian Company to be technically qualified on this programme. This will also be replacing imported products in this sector.

 

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First Published: Sep 27 2018 | 6:22 PM IST

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