Terri Mining Private Limited has emerged as the successful bidder for the Jitpur Coal Mine. This milestone not only marks a major stride for Terri Mining but also carries broader implications for the coal mining and energy sector.
The Jitpur Coal Block is located in the Godda district of Jharkhand. The specific location of this mine is in the north-western part of the Chuperbita Basin of the Rajmahal coalfield.
The Jitpur Coal Mine, known for its substantial coal reserves and strategic location, was a part of 15th Tranche of Ministry of Coal’s Auction. Terri Mining, an emerging player in the mining industry, emerged victorious by securing the rights to mine a proven reserve of 65 MMT. Terri Mining subsequently entered into an CMDPA agreement with the Ministry of Coal to develop, operate and produce coal to the tune of 2.5 MMT per annum from FY 2027-28.
Terri Mining's acquisition of the Jitpur Coal Mine is a significant milestone for both the company and the nation's energy landscape and Government’s efforts to ramp up the domestic coal production and reduce reliance on imported coal.