South West Pinnacle Exploration Limited — Important, 12-02-2025: Updates

South West Pinnacle Exploration Limited (SWPE) has received a Letter of Intimation (LOI) from Odisha Lift Irrigation Corporation Limited for the installation of deep bore wells for a Solar Pumping System in Odisha. The total value of the LOI, inclusive of GST, is approximately ₹10.11 Crore. This project is categorized as a short-duration initiative, and the initial security deposit required is 2% of the total work value. Notably, there is no interest from promoters or related parties in this contract. This development presents a positive outlook for SWPE, enhancing its project portfolio and revenue potential.