South West Pinnacle Exploration (SWPE) has received two work orders from Samlok Industries (SIPL) for carrying out prospecting work of drilling and 2 D seismic survey and other allied activities in two Phases in a coal block situated in the state of Maharashtra. SIPL is a group company of My Home Group of Hyderabad, Telangana.
The aggregate value of both the orders including GST is around Rs 10.02 crore. The work is to be completed within a total period of six and half months, hence considerable amount of work is expected to be accomplished during the current Financial Year itself which will help in fetching additional revenue and profits during FY 2024-25.
South West Pinnacle Exploration is an integrated Service Provider providing end-to-end Drilling & exploration of Natural resources.
