Friday 6 May 2016

NMDC ties up with ISRO for mineral mapping

A Memorandum of Understanding (MoU) was signed between NMDC and ISRO’s National Remote Sensing Centre in Hyderabad on Thursday, says the financial newspaper.

NMDC
NMDC Ltd has partnered with Indian Space Research Organisation (ISRO) to make use of satellite-based geological mapping capability for mineral exploration, reports a business daily.

A Memorandum of Understanding (MoU) was signed between NMDC and ISRO’s National Remote Sensing Centre in Hyderabad on Thursday, says the financial newspaper.

L.N. Mathur, ED (Resource Planning & Safety) and P.G. Diwakar, Deputy Director, Remote Sensing Application Area, NRSC, signed the MoU on behalf of NMDC and NRSC, respectively.

With this, NMDC can now use satellite technology for mineral exploration and a host of other related ventures.

NMDC becomes the first company under the Union Steel Ministry 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.

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