South West Pinnacle Exploration Secures ₹10.86 Crore Contract for Solar Pumping Systems

South West Pinnacle Exploration Limited (SWPE) has received two Letters of Intimation (LOI) from Odisha Lift Irrigation Corporation for a significant project valued at ₹10.86 crore. The contract involves the installation of deep bore wells for Solar Pumping Systems across Odisha. This development marks a strategic expansion in SWPE's aquifer division, reinforcing its position in the renewable energy sector. The company's shares responded positively, rising up to 3% following the announcement. This project aligns with India's push for sustainable irrigation solutions and showcases SWPE's growing expertise in water resource management and solar energy integration.

Sources: NSE India, Business Upturn, Trade Brains