South West Pinnacle Exploration Ltd (SWPE) has received two significant work orders worth approximately Rs 16.93 crore (including GST) for coal exploration and related services.
The first order, valued at Rs 15.26 crore, has been awarded by JSW Energy (Utkal) Ltd for coal exploration, survey, and geophysical logging in Odisha. This short-duration project, with an execution timeline of 3.5 months (including a 15-day mobilisation period), is expected to be completed within FY26, contributing fully to the company’s top line this year.
The second order, worth Rs 1.67 crore, has been awarded by Central Mine Planning and Design Institute Ltd (CMPDI) — a Mini Ratna PSU and subsidiary of Coal India Ltd — for coal exploration services in Madhya Pradesh and Chhattisgarh.
SWPE stated that both contracts are with domestic entities, involve no related-party transactions, and are part of its efforts to strengthen its order book and enhance revenue visibility for FY26.