Government to spin-off NDR into separate company to boost oil, gas exploration

New Delhi: The government will create a company to own and operate India’s maiden National Data Repository (NDR) that stores information on the vast sedimentary basins in a bid to boost oil NSE -2.71 % and gas exploration and production, a senior official said on Thursday.

The NDR was launched in 2017 to assimilate, preserve and upkeep the country’s vast sedimentary data for future use in oil and gas exploration and production.