South West Pinnacle Exploration Limited, a prominent ISO 9001:2015 certified company, has recently announced a significant development in its operational portfolio. The company has successfully secured two Letters of Award (LOAs) from M/s Central Mine Planning and Design Institute Ltd. (CMPDI), a Mini Ratna public sector enterprise and a subsidiary of Coal India Ltd. This achievement is a major milestone for South West Pinnacle Exploration as it reflects the growing trust in the company’s capabilities in the coal exploration sector across India.

The aggregate value of the two awarded projects, including Goods and Services Tax (GST), is approximately Rs. 30.45 crore. The first project is a long-term coal exploration assignment in the state of Madhya Pradesh, while the second is a short-term project in Maharashtra. These projects not only contribute to strengthening the company's order book but are also expected to have a positive impact on both the top line and bottom line, supporting sustainable growth for the company.

The orders were awarded based on the company's technical expertise and proven track record in detailed exploration of coal resources. The significant terms and conditions of the LOAs specify that all statutory clearances in forest areas will be arranged by CMPDI, while CMPDI will also provide the exploration scheme, approve borehole locations, and conduct regular checks on ongoing works. This ensures that the projects follow high industry standards and maintain compliance with regulatory requirements.

The time frame for execution of the awarded projects is structured meticulously. The Madhya Pradesh project is slated to be completed within 910 days, including a 30-day mobilisation period. Meanwhile, the Maharashtra project will be executed over 210 days, also including 30 days for mobilisation. These structured timelines reflect the company’s focus on efficient project execution while maintaining high-quality deliverables.

It is important to note that the orders have been awarded by a domestic entity, CMPDI, and there is no involvement of promoter or group companies in CMPDI, ensuring a transparent and arm’s-length transaction. These projects fall outside the purview of related party transactions, further highlighting the integrity of the award process.

From a strategic perspective, these contracts mark a significant step forward for South West Pinnacle Exploration Limited, reinforcing its position in the Indian coal exploration sector. With the coal industry being a critical part of India’s energy landscape, projects like these not only boost the company's financial growth but also enhance its reputation as a reliable partner for public sector undertakings and large-scale exploration assignments.

The Madhya Pradesh project, being a long-term engagement, will allow SWPE to showcase its capabilities in sustained exploration operations, employing advanced technologies and rigorous quality control mechanisms. On the other hand, the Maharashtra project, while shorter in duration, represents a high-value contract that demonstrates the company’s ability to deliver precise and efficient solutions under strict deadlines. Collectively, these projects are expected to expand the company’s operational footprint and provide opportunities for future collaborations with CMPDI and other public sector entities.

South West Pinnacle Exploration’s management emphasises that securing these orders is aligned with the company’s vision to grow in the coal and mining sector, leveraging technical expertise, experience, and compliance standards. The company remains committed to delivering high-quality results, enhancing shareholder value, and contributing meaningfully to the Indian mining industry’s progress.

In conclusion, the announcement of these Rs. 30.45 crore coal exploration orders from CMPDI underscores South West Pinnacle Exploration Limited’s capability, reliability, and growth trajectory in the mining sector. With strategic projects in Madhya Pradesh and Maharashtra, the company is well-positioned to strengthen its market presence and achieve sustained financial growth, reflecting confidence from key public sector clients in India’s coal exploration landscape.

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