SWPE gets LOA from CMPDI for coal exploration worth 5.89 Crore
SOUTHWEST · price
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South West Pinnacle Exploration received a Letter of Award from CMPDI, a Mini Ratna PSU and wholly owned subsidiary of Coal India, for detailed coal exploration services in Jharkhand. Total contract value is about 5.89 Crores including GST. Work must be completed within 180 days and revenue will be booked in the current financial year, helping strengthen the company order book.
New order from Coal India subsidiary adds to order book with revenue in current FY. Small contract size limits material impact.