South West Pinnacle Exploration has informed that the company (SWPE) has got a Letter of Award from Central Mine Planning and Design Institute (CMPDI), a Mini Ratna Public sector Company and a wholly owned subsidiary of Coal India for Detailed Exploration of Coal in the state of Jharkhand. The aggregate value of work including GST is ~ 6.64 Crores and the contract is to be completed within a period of 180 days.
The above information is a part of company’s filings submitted to BSE.