NMDC Signs MoU with RailTel for ICT and Digital Solutions

Tags: Economy/Finance National News

Mining major National Mineral Development Corporation (NMDC) and RailTel Corporation of India signed a Memorandum of Understanding on 10 October covering NMDC's ICT and Digital Transformation services at their corporate offices and mining premises.

Important facts

• This partnership will focus on optimum utilization of resources and will pave the way for a robust digital transformation in the mining sector.

• As India’s leading miner, NMDC has been an early user of automation and digitalization. 

• RailTel will provide consultancy, project management and execution services which will enhance efficiency and transparency.

• This is a big step towards retaining NMDC in the top league.

• This Memorandum of Understanding (MoU) builds on NMDC's already existing partnership with National Railway Telecom.

• Under this, MPLS VPN at 11 locations of NMDC and Internet Leased Lines (ILL) at 7 locations of NMDC and High-Definition Video Conferencing solutions are being provided for the last 7 years.