Published On:March 2 2026
Story Viewed 380 Times
South West Pinnacle Exploration Ltd Wins ₹307 Crore Project Contract.
South West Pinnacle Exploration Limited has signed a long-term exploration services contract with Hind Metal Exploration Services Pvt Ltd, marking the largest single order in the company’s history for operations in Rajasthan.
The contract, valued at approximately ₹307 crore including GST, will be executed over four years following mobilisation. Revenue from the project is expected to start contributing significantly in the first quarter of FY 2026-27, once rigs and other resources are mobilized within the next 45 days.
This milestone highlights SWPE’s growing presence in India’s mining and exploration sector and strengthens its partnership with Hindustan Zinc in advancing mineral exploration initiatives.