South West Pinnacle wins Rs 30.45 crore coal exploration contracts

Mining Sector News India

South West Pinnacle Exploration Limited (SWPEL) recently secured two significant coal exploration contracts from the Central Mine Planning and Design Institute Limited (CMPDI) totaling approximately ?30.45 crore. Announced in early February 2026, these projects involve detailed drilling and resource assessment across Madhya Pradesh and Maharashtra, with execution timelines ranging from seven months to two and a half years. This win further strengthens the company’s robust order book—which recently surpassed the ?400 crore mark—and reinforces its position as a key player in India’s mineral exploration sector while providing steady revenue visibility through 2028.

Note: The above-mentioned news was first published by us in our ProjectX India | 1st March 2026 edition.. Do you want to buy this issue or our latest issue? If yes! click here

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