New Delhi: MOIL Limited has welcomed the Mines and Minerals (Development and Regulation) Amendment Act, 2026 (MMDR Amendment Act 2026), stating that the legislation marks an important step towards creating a predictable and transparent regulatory environment for India’s mining sector.
According to MOIL, the amendment provides a streamlined and well-defined fiscal framework that can support long-term investment security and sustained growth in the mines and minerals sector.
MOIL Highlights Predictable Fiscal Framework
MOIL said the MMDR Amendment Act 2026 establishes a clearer fiscal framework that can provide greater certainty to mining operators.
The company believes the framework can encourage mining companies to undertake:
- Large-scale and long-term investments
- Deployment of advanced extraction technologies
- Improved environmental sustainability measures
- Higher safety standards across mining lease areas
A predictable regulatory environment can also help mining operators make long-term investment decisions with greater confidence.
Read also: SAIL Welcomes MMDR Amendment Act 2026, Says Reform to Boost Mining Viability and Iron Ore Supply
MMDR Amendment Act 2026 Reinforces Role of State Governments
MOIL also highlighted the continued importance of state governments in regional development and resource administration.
The company noted that the amendment reiterates and reinforces the role of state governments while seeking to establish greater clarity in the regulatory framework.
According to MOIL, the provisions introduced through Section 9D and the alignment of regulatory oversight under Section 2 provide a balanced approach to fiscal and regulatory administration.
Amendment Aims to Support Sustainable Mining Growth
The legislation is expected to provide a clearer framework for mining operations while encouraging companies to adopt modern technologies and improve environmental and safety practices.
MOIL believes that greater regulatory clarity, combined with long-term investment certainty, can contribute to the sustainable development of India’s mining and minerals sector.
The company sees the amendment as an important step towards balancing investment security, resource administration and sustainable mining growth.
MOIL to Work with Central and State Governments
MOIL said it looks forward to working closely with both the Central Government and State Governments for the effective implementation of the updated regulatory framework.
The company expressed confidence that coordinated implementation of the amended provisions will help strengthen India’s mining ecosystem and support long-term growth in the sector.
About MOIL
MOIL Limited is a Miniratna Category-I Central Public Sector Enterprise under the Ministry of Steel, Government of India. The company is India’s leading manganese ore producer and operates manganese mines primarily in Madhya Pradesh and Maharashtra. MOIL supplies manganese ore for the production of ferroalloys, steel and other industrial applications.
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