NMDC signs MoU with ISRO's National Remote Sensing Centre

KOLKATA: NMDC Limited has signed a memorandum of Understanding (MoU) with ISRO's National Remote Sensing Centre on Thursday, opening up possibilities for use of satellite technology for mineral exploration and other related ventures. With this, NMDC will be the first company under the Ministry of Steel to use satellite-based geological mapping.

Under the MoU, NMDC will establish a Remote Sensing and GIS Laboratory at its head office in Hyderabad for interpretation of satellite data, an official statement from NMDC said.

LN Mathur, Executive Director (Resource Planning & Safety) and PG Diwakar, Deputy Director, Remote Sensing Application Area, NRSC, signed the memorandum on behalf of NMDC and NRSC respectively.