Award11 Aug 2026, 08:36 am
South West Pinnacle Exploration Secures ₹6.64 Cr Contract from CMPDI
AI Summary
South West Pinnacle Exploration Limited (SWPE) has received a Letter of Award from Central Mine Planning and Design Institute Ltd. (CMPDI), a subsidiary of Coal India Ltd. The contract is for the Detailed Exploration of Coal in Jharkhand, with an aggregate value of approximately ₹6.64 Crores, including GST. The project is expected to be completed within 180 days. This award signifies a new business opportunity for SWPE in the coal exploration sector.
Key Highlights
- Received Letter of Award from CMPDI for coal exploration in Jharkhand.
- Contract value stands at approximately ₹6.64 Crores including GST.
- Project completion timeline is set for 180 days.
- CMPDI is a subsidiary of Coal India Ltd.
Price Impact
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