MoneyWorks4Me

MP government grants mining lease on over 48.974 hectare land to MOIL

18 Mar 2016 Evaluate

MOIL has been granted mining lease on over 48.974 hectare in village Lugma, Tehsil Paraswada of Balaghat District (Madhya Pradesh) by Government of Madhya Pradesh (MP). The said lease has been executed and registered by the company. This area falls under Ukwa Mine of the company.

MOIL is the largest iron ore company in India and fifth largest in world. It currently operates seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi).


Peers
Company Name CMP
Coal India 410.95
NMDC 71.95
Ashapura Minechem 484.05
Sandur Manganese 178.55
GMDC 480.00
View more..