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Business
Bihar eyes Rs 21,000 crore mineral bonanza as it seeks to launch new mines
✍️ indianexpress.com
🗓 28 Sep 2026, 04:00 AM
👁 13
Bihar's government estimates that newly identified mineral deposits could be worth about Rs 21,000 crore and is now working to turn these geological finds into operating mines.
The state of Bihar has announced that recent geological surveys have uncovered mineral reserves that could generate revenue of roughly Rs 21,000 crore if commercially developed. Officials say the deposits span several types of minerals, though detailed composition has not been disclosed publicly.
State authorities are now focusing on the practical steps required to move from discovery to production. This includes securing environmental clearances, resolving land‑acquisition issues and attracting private and public investment to fund mine development.
Bihar's mining department has indicated that it will invite bids from experienced mining firms and is coordinating with the central government to streamline regulatory approvals. If successful, the projects could create jobs, boost local economies and add a significant new source of revenue to the state's finances.
Experts caution that turning geological potential into operational mines will depend on transparent tendering, adherence to environmental norms and the ability to manage social impacts in mining‑affected areas.
State authorities are now focusing on the practical steps required to move from discovery to production. This includes securing environmental clearances, resolving land‑acquisition issues and attracting private and public investment to fund mine development.
Bihar's mining department has indicated that it will invite bids from experienced mining firms and is coordinating with the central government to streamline regulatory approvals. If successful, the projects could create jobs, boost local economies and add a significant new source of revenue to the state's finances.
Experts caution that turning geological potential into operational mines will depend on transparent tendering, adherence to environmental norms and the ability to manage social impacts in mining‑affected areas.