Coal Gold: South West Pinnacle Strikes ₹30.45 Crore Deal

South West Pinnacle Exploration has secured contracts from the Central Mine Planning & Design Institute (CMPDI) for detailed coal exploration projects in Madhya Pradesh and Maharashtra.

The Madhya Pradesh assignment is a long-term contract, while the Maharashtra project is of a shorter duration, enabling the company to efficiently manage multiple project timelines. The two letters of award (LoAs), with a combined value of approximately ₹30.45 crore, are expected to strengthen the company’s order book and support growth in revenue and profitability.

The scope of work includes detailed exploration activities, resource estimation, and technical evaluations critical for coal mining and mine planning. These projects further reinforce South West Pinnacle Exploration’s expertise in executing large-scale geological and mining assignments across multiple states.

Through the successful execution of these contracts, the company aims to consolidate its position in the coal exploration sector, drive sustainable business growth, and expand its footprint in central and western India.

News by Rahul Yelligetti.