Public sector NMDC Ltd has teamed up with Indian Space Research Organisation (ISRO) to make use of satellite-based geological mapping capability for mineral exploration. A memorandum of understanding was signed between NMDC and ISRO's National Remote Sensing Centre on Thursday opening up the possibilities for NMDC to use satellite technology for mineral exploration and a host of other related ventures. NMDC becomes the first company under the Ministry of Steel to use satellite-based geological mapping. Under the memorandum, NMDC will establish a Remote Sensing and GIS Laboratory at its head office in Hyderabad for interpretation of satellite data. 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.