Mumbai, Nov. 11 -- The order is from a leading international company operating in the long-duration energy storage sector. It covers the design, engineering, manufacturing, testing and supply of specialised shell-and-tube heat exchangers and associated process equipment.

The equipment will be supplied for a large-scale energy storage project in North America. The order is expected to be executed progressively through November 2028, subject to contractual commencement provisions.

HLE Glascoat said the customer's identity was withheld due to commercial confidentiality and competitive sensitivity. The company also clarified that the order does not involve any related-party transaction.

Kinam Engineering Industries is a subsidiary of HLE G...