<h1>South West Pinnacle Exploration Secures Contract for Coal Exploration in Jharkhand</h1>
South West Pinnacle Exploration Limited has secured a Letter of Award from the Central Mine Planning and Design Institute Ltd. (CMPDI) for a significant coal exploration project in the state of Jharkhand. CMPDI is identified as a Mini Ratna Public sector company and a wholly owned subsidiary of Coal India Ltd.
The contract involves the detailed exploration of coal resources within Jharkhand. South West Pinnacle Exploration Limited has been awarded this engagement following the issuance of the Letter of Award by CMPDI.
The total value of the work, which includes GST, amounts to approximately 6.64 Crores. The company is scheduled to complete the contracted work within a period of 180 days.
SOUTHWEST Stock Price Movement
Shares of South West Pinnacle Exploration Limited slipped by 0.22% to close at ₹231.80 on Monday. The stock settled amidst significant interest, with a total volume of 77,775 shares exchanged during the trading session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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