SWPE’s Rajasthan Milestone: The ₹307 Crore Breakthrough

South West Pinnacle Exploration Limited (SWPE) has secured a landmark long-term exploration services contract from Hind Metal Exploration Services Pvt Ltd, marking the largest single order in the company’s history for operations in Rajasthan.

Valued at approximately ₹307 crore (including GST), the four-year contract will commence following mobilisation, with rigs and related resources expected to be deployed within the next 45 days. Revenue contribution from the project is anticipated to begin significantly from the first quarter of FY 2026–27.

This achievement underscores SWPE’s expanding footprint in India’s mining and exploration sector and further strengthens its strategic partnership with Hindustan Zinc in advancing mineral exploration initiatives across the region.

News by Rahul Yelligetti.