Investment of Manganese Ore India limited (MOIl) Company worth Rs 800 in Naxal- affected Balaghat has been cleared by the Union Ministry of Mines. The investment is a result of hard efforts of Union Minister of Steel and Mines Narendra Singh Tomar. Ministry of Mines has reserved 384 hectare of land which has high probability of having Manganese. The orders for the clearance of the investment process have been issued. After the NDA reined in power 46 hectare of land in Ukhwa in November 2014 and 76 hectare of land in Balaghat in September 2015 was provided to MOIl.
The company would apply for composite license with the Government. Under the expansion, the depth of the mining which is at present 450 m would be further increased to 750 m.
With the increase in the depth of the mining of the production would be doubled at 6.50 lakh tones till 2025 and with the increase in the production the number of opportunities would be doubled. Under the proposed budget of Rs 800 crore Shaft Sinking, Beneficiation Plant and Solar Project are involved in the proposed budget.
In the year 2014 central Union Minister of Steel and Mines Narendra Singh Tomar in the presence of Chief Minister Shivraj Singh Chouhan approved for the investment of MOIl company and acting swiftly state government completed the necessary formalities and send the recommendation to central Government to reserve the land.