India delivers second shipping equipment batch to Iran

24 Mar 2021 CW Team

The Ministry of Ports Shipping and Waterways (MoPSW) announced that India has supplied the second shipment of equipment to Chabahar port in Iran.

In January this year, India had supplied a consignment of two mobile harbour cranes to the Chabahar port, having a total contract value of over $25 million.

Located in the Sistan-Balochistan province on the energy-rich Iran's southern coast, the port is being developed jointly by India, Iran and Afghanistan. The three countries had signed a tripartite agreement on developing the Chabahar port and setting up a trilateral transport and transit corridor in 2016. India then set up India Ports Global Limited to operate the Shahid Beheshti terminal at Chabahar.

Last month, MoPSW Additional had said two more cranes are standing for loading near the port near Venice, which will reach by March-end to the Chabahar port. The ministry had said two more cranes would be supplied to the port by the end of June.

After delivering mobile harbour cranes, the ministry now plans to procure rail-mounted cranes for which bidding is going on.

Till 31 January 2021, around 123 vessels had berthed at the terminal, and approximately 13,752 twenty-foot equivalent units (TEUs) and 18 lakh tonne of bulk and general cargo had been handled there.

The bilateral contract between India and Iran was signed on 23 May 2016, with a total value of $85 million ‎for equipping, mechanising and starting operations at the port under the first phase. In this regard, a special purpose vehicle—India Ports Global Ltd (IPGL), Mumbai, was incorporated under the shipping ministry.

The Chabahar port's location has a strategic advantage and high potential to provide connectivity among India, Iran, Afghanistan, Uzbekistan, and other Commonwealth of Independent States (CIS) countries, especially Eastern CIS nations and boost trade.

Image Source

Also read: India delivers first batch of heavy cranes to bolster operations at Chabahar port

The Ministry of Ports Shipping and Waterways (MoPSW) announced that India has supplied the second shipment of equipment to Chabahar port in Iran. In January this year, India had supplied a consignment of two mobile harbour cranes to the Chabahar port, having a total contract value of over $25 million. Located in the Sistan-Balochistan province on the energy-rich Iran's southern coast, the port is being developed jointly by India, Iran and Afghanistan. The three countries had signed a tripartite agreement on developing the Chabahar port and setting up a trilateral transport and transit corridor in 2016. India then set up India Ports Global Limited to operate the Shahid Beheshti terminal at Chabahar. Last month, MoPSW Additional had said two more cranes are standing for loading near the port near Venice, which will reach by March-end to the Chabahar port. The ministry had said two more cranes would be supplied to the port by the end of June. After delivering mobile harbour cranes, the ministry now plans to procure rail-mounted cranes for which bidding is going on. Till 31 January 2021, around 123 vessels had berthed at the terminal, and approximately 13,752 twenty-foot equivalent units (TEUs) and 18 lakh tonne of bulk and general cargo had been handled there. The bilateral contract between India and Iran was signed on 23 May 2016, with a total value of $85 million ‎for equipping, mechanising and starting operations at the port under the first phase. In this regard, a special purpose vehicle—India Ports Global Ltd (IPGL), Mumbai, was incorporated under the shipping ministry. The Chabahar port's location has a strategic advantage and high potential to provide connectivity among India, Iran, Afghanistan, Uzbekistan, and other Commonwealth of Independent States (CIS) countries, especially Eastern CIS nations and boost trade. Image Source Also read: India delivers first batch of heavy cranes to bolster operations at Chabahar port

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..