South West Pinnacle Gets ₹5.89 Crore CMPDI Contract

Contract Details

South West Pinnacle Exploration Limited (SWPE) has received a Letter of Award (LOA) from M/s Central Mine Planning and Design Institute Ltd. (CMPDI). CMPDI is described as a Mini Ratna Public Sector Company and a wholly owned subsidiary of Coal India Limited.

Project Scope

The contract is for imparting detailed exploration services of coal in the state of Jharkhand.

Financial Details

• Contract Value: Approximately ₹5.89 crores (aggregate value including GST)
• Completion Timeline: 180 days from award

Business Impact

The new LOA will help in strengthening the company's order book and will contribute to revenue in the current financial year (FY 2026-27) as the work is to be completed within 180 days.