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MOIL signs MoU with Nagpur District Collector: Report

17 Jan 2022 Evaluate

MOIL has reportedly signed MoU with Nagpur District Collector.  The MoU is for Installation of new Oxygen Generation Plants at Mouza-Pipla in Saoner District, Nagpur and MIDC Umred, Nagpur costing Rs. 3.5 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).

Peers
Company Name CMP
Coal India 422.10
NMDC 80.65
Ashapura Minechem 514.85
Sandur Manganese 180.75
GMDC 542.35
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