MOIL Limited has been granted Mining Lease of Parsoda Manganese Mine near village Parsoda, 46 kms. From Nagpur in the year 2016. The lease extends over an area of 53.75 ha. for 50 years period that is from April 22, 2016 to April 21, 2066 the project cost is estimated to be INR 195.4 million. The Production is expected to be started by end of March/April, 2019. The Mine will be operated by Opencast Mining Method.