Categories: Agreements

For drone-based mineral exploration NMDC Sign MoU with IIT Kharagpur

The country’s largest iron ore producer, NMDC Ltd, has signed a memorandum of understanding (MoU) for drone-based mineral research with IIT Kharagpur. The National Mining and Development Corporation (NMDC)is increasingly dependent on technical innovation and the digitisation of its exploration and mining database. The government has taken the first step in regulating and monitoring drone usage and operations in India, which are now employed in agriculture, urban planning, forestry, mining, disaster management, surveillance, and transportation, among other industries.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

KEY POINTS:

  • NMDC and IIT Kharagpur will collaborate to create spectrum products, methodologies, and algorithms for drone (UAV) mining exploration.
  • The collaboration will also lead to the development of software spectral tools for mineral excavation and mining technology capacity-building programmes.
  • From the reconnaissance G4 level to the detailed G1 level of UNFC, NMDC has been exploring minerals for over six decades for a variety of minerals such as copper, rock phosphate, limestone, magnesite, diamond, tungsten, and beach sands, among others.
  • Drone-based Geophysical Surveys and Hyperspectral Studies for Mineral Exploration would be conducted by NMDC for the first time in India.
  • “NMDC’s collaboration with IIT-Kharagpur will usher in a new era in mineral discovery for the country,” stated Sumit Deb, CMD of NMDC.
  • NMDC is exploring for various minerals in Madhya Pradesh as well as diamonds in the Beloda-Belmundi block in Chhattisgarh. It is also the first CPSE in the central Indian diamond province to use space geophysics, as well as the first to use online monitoring of data exploration on the BHUVAN platform.

Find More News Related to Schemes

Recent Posts

CNG vs LPG Explained: Differences, Benefits, and Uses

Did you know that many vehicles and households today use alternative fuels instead of traditional…

7 mins ago

Perplexity Launches ‘Personal Computer’ AI Agent: The Smart Assistant That Works for You 24*7

Perplexity has launched a new AI powered assistant called Personal Computer. This is designed to…

53 mins ago

What is LPG Gas? Uses, Benefits, and Interesting Facts Explained

Did you know that millions of homes around the world depend on a clean and…

2 hours ago

Canara Bank MCLR Rates Revised for Loan Tenures

Canara Bank has announced a revision in its Marginal Cost of Funds Based Lending Rate…

2 hours ago

South Indian Bank EPF Payment Service Launched with EPFO Integration

South Indian Bank has launched the new EPF payment service. This is in collaboration with…

2 hours ago

President Murmu Addresses Global Conference on Women in Agri-Food Systems

The Honorable President of India Droupadi Murmu has addressed the inaugural session of the Global…

3 hours ago