MOIL Ltd (Manganese Ores India Ltd) is set to commence production of Parsoda manganese mines in Nagpur in Maharashtra. The company has been awarded the mines for a period of 50 years lease. The company has invested around ₹ 195 million towards the project. It will adopt open cast mining method to extract manganese ore. It may be noted that, MOIL operates 10 mines in Maharashtra and Madhya Pradesh.
Company Profile : MOIL Ltd