Receives Letter of Award from CMPDI for Coal Exploration in Jharkhand
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South West Pinnacle has received a Letter of Award from CMPDI, a Coal India subsidiary and Mini Ratna public sector company, for detailed coal exploration in Jharkhand. Contract value is about 6.64 Crores including GST, to be completed within 180 days. CMPDI handles coal exploration planning for Coal India.
Small value addition to order book from a Coal India group entity. Modest positive, no material impact expected on stock price.