Haryana: South West Pinnacle Exploration Limited (SWPE), an integrated end-to end Drilling & Exploration service provider across all natural resources has been awarded a long term contract from Hind Metal Exploration Pvt Ltd., a wholly owned subsidiary of Hindustan Zinc Ltd. for imparting exploration services in the State of Rajasthan. The order book of the company now stands at INR 700 Crores after award of this contract. This ensures growth in medium to long term.
SWPE has successfully completed multiple projects for this group in the past and is currently working for them in two more projects in the state of Maharashtra & Chhattisgarh. This reinforces company’s ability to gain client’s faith and confidence to deliver as per their requirement.
Vikas Jain, Chairman & Managing Director said, “I am pleased to share the heartening news about signing long term contract with Hind Metal Exploration Private Ltd., a wholly owned subsidiary of Hindustan Zinc Ltd. Valuing over INR 307 Crore for imparting Exploration services in the state of Rajasthan. This is the single largest contract in the
history of the company which will significantly enhance the revenue of the company, paving way to catch up the faster growth trajectory.” Jain further emphasized that “We value our partnership and look forward to strengthening it further by successfully completing this project.“
Piyush Jain, the Jt. Managing director, while expressing his happiness on the development reposed his confidence for timely execution of the contract based on his past experience and added that “it will prove a corner stone in company’s growth”. He further added that “the contract shall start generating additional revenue from first quarter of FY 27 itself “. He thanked the entire team of SWPE for their dedication and hard work, and also the client for their support in accomplishing Company’s goals.
