Nagpur/Bhopal: MECON Limited has signed a Memorandum of Agreement (MoA) with MOIL Limited to support the implementation of MOIL’s Vision 2030, aimed at strengthening India’s manganese ore production and mining capabilities.
The agreement was signed on May 15, 2026, at the MOIL office in the presence of senior officials from both public sector enterprises.
Strategic Partnership for Vision 2030
The MoA aligns with MOIL’s long-term roadmap, Vision 2030, which focuses on:
- Expanding manganese ore production capacity
- Diversifying into new mineral exploration projects
- Adopting advanced mining and extraction technologies
- Strengthening India’s self-reliance in critical minerals
Under this partnership, MECON will provide technical consultancy, engineering services, and project management support to help MOIL achieve its strategic targets.
Read also: Hindustan Copper Limited Signs MoU with MECON Limited to Accelerate Mining Project Implementation
Officials Present at MoA Signing Ceremony
The agreement signing witnessed participation from senior leadership of both organizations.
MECON Officials:
- Mr. Mukesh Kumar, Director (Finance)
- Mr. Jayant Kumar Jha, Director (Commercial)
- Dr. R.K. Dutta, Executive Director
MOIL Officials:
- Mr. Vishwanath Suresh, Chairman-cum-Managing Director (CMD)
- Ms. Rashmi Singh, Director (Commercial)
- Mr. Mirza Mohammad Abdulla, Director (Production & Planning)
Boost to Domestic Mining and Atmanirbhar Bharat
The collaboration between MECON Limited and MOIL Limited is expected to:
- Enhance domestic manganese production
- Reduce import dependency
- Improve efficiency in mining operations
- Generate employment opportunities in the sector
The partnership also supports the government’s broader vision of self-reliance under the Atmanirbhar Bharat initiative.
About MOIL Limited
MOIL Limited is India’s largest producer of manganese ore and plays a key role in supplying raw materials to the steel industry. The company is focused on expanding production capacity and adopting modern mining technologies to meet growing domestic demand.
About MECON Limited
MECON Limited is a leading engineering, consultancy, and contracting PSU under the Ministry of Steel. It provides end-to-end services in engineering design, project management, and execution support across sectors including steel, mining, oil & gas, and infrastructure.
Read also: MOIL Limited Board Sees Change as Mr. Iqbal Singh Chahal Retires as Government Nominee Director
