India, Sept. 20 -- Union Minister of State (Independent Charge) for Earth Sciences; Science & Technology, MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh announced the signing of a new 15-year contract between the Ministry of Earth Sciences (MoES) and the International Seabed Authority (ISA) for exclusive rights to explore Polymetallic Sulphides (PMS) in the allotted 10,000 sq km area of the Carlsberg Ridge in the Indian Ocean.

With this, India has become the first country in the world to hold two contracts with ISA for PMS exploration, reaffirming its pioneering role in deep-sea resource exploration and its strategic presence in the Indian Ocean.

Dr. Jitendra Singh said that the new contract i...