MOIL is planning to start production at Parsoda Manganese Mine near village Parsoda, 46 kms from Nagpur by end of March/April, 2019. The Mine will be operated by Opencast Mining Method. The company has been granted Mining Lease of Parsoda Manganese Mine near village Parsoda, 46 km from Nagpur in the year 2016. The lease extends over an area of 53.75 ha for 50 years period i.e. from April 22, 2016 to April 21, 2066 and the project cost is estimated to be Rs 19.54 crore
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).
