+
Government Engages Stakeholders Over Chabahar Port Project
PORTS & SHIPPING

Government Engages Stakeholders Over Chabahar Port Project

The government told the Lok Sabha that it has engaged with concerned stakeholders after the conditional sanctions waiver for the Chabahar Port project ended on April 26. The written response from the Minister of State for External Affairs, Kirti Vardhan Singh, addressed a parliamentary query on the status of India's involvement in the development and operation of the Shahid Beheshti Terminal at Chabahar Port. The query also sought details of the total investments made by India between May 2015 and March 2026. The response was provided in writing to a question tabled by members of parliament.

The minister noted that the Chabahar Port project was conceptualised to provide essential connectivity to Afghanistan for reconstruction and economic development, and to bolster India's trade and economic linkages with Central Asia. He said an Indian government-owned company, India Ports Global Limited (IPGL), through its wholly-owned subsidiary India Ports Global Chabahar Free Zone (IPGCFZ), has been operating the port since 2018. The response described the strategic intent underpinning India's engagement. IPGCFZ was described as the operational entity overseeing port functions.

The minister set out that, as per the provisions of the main contract signed between IPGL and the Ports and Maritime Organisation of Iran (PMO) on May 13, 2024, India has fulfilled its financial commitment of USD 120 mn towards the project. He indicated that the final tranche of this amount was transferred to the PMO in August 2025. The contractual and financial disclosures were set out to inform parliament of the extent of India's engagement.

Following the end of the conditional waiver, the government remains engaged with all concerned stakeholders to address the implications of that development, the minister informed the Lok Sabha. Officials will continue to review the situation and coordinate with partners to safeguard connectivity objectives for Afghanistan and the wider regional trade agenda. The government said it will assess options and take decisions in accordance with national interests and international obligations. The minister's reply underlined that India remains committed to facilitating regional connectivity while complying with applicable international measures.

The government told the Lok Sabha that it has engaged with concerned stakeholders after the conditional sanctions waiver for the Chabahar Port project ended on April 26. The written response from the Minister of State for External Affairs, Kirti Vardhan Singh, addressed a parliamentary query on the status of India's involvement in the development and operation of the Shahid Beheshti Terminal at Chabahar Port. The query also sought details of the total investments made by India between May 2015 and March 2026. The response was provided in writing to a question tabled by members of parliament. The minister noted that the Chabahar Port project was conceptualised to provide essential connectivity to Afghanistan for reconstruction and economic development, and to bolster India's trade and economic linkages with Central Asia. He said an Indian government-owned company, India Ports Global Limited (IPGL), through its wholly-owned subsidiary India Ports Global Chabahar Free Zone (IPGCFZ), has been operating the port since 2018. The response described the strategic intent underpinning India's engagement. IPGCFZ was described as the operational entity overseeing port functions. The minister set out that, as per the provisions of the main contract signed between IPGL and the Ports and Maritime Organisation of Iran (PMO) on May 13, 2024, India has fulfilled its financial commitment of USD 120 mn towards the project. He indicated that the final tranche of this amount was transferred to the PMO in August 2025. The contractual and financial disclosures were set out to inform parliament of the extent of India's engagement. Following the end of the conditional waiver, the government remains engaged with all concerned stakeholders to address the implications of that development, the minister informed the Lok Sabha. Officials will continue to review the situation and coordinate with partners to safeguard connectivity objectives for Afghanistan and the wider regional trade agenda. The government said it will assess options and take decisions in accordance with national interests and international obligations. The minister's reply underlined that India remains committed to facilitating regional connectivity while complying with applicable international measures.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

EPFO Wage Ceiling Raised to Rs 25,000 per Month

The Union Cabinet has approved the proposal to increase the wage ceiling for mandatory coverage under the Employees’ Provident Fund Organisation (EPFO) from Rs 15,000 to Rs 25,000 per month. The move is expected to bring over 51 lakh additional employees under the EPFO social security framework.The revised ceiling will extend access to provident fund savings, pension benefits under the Employees’ Pension Scheme (EPS) and insurance coverage under the Employees’ Deposit Linked Insurance Scheme (EDLI) to a wider section of employees earning between Rs 15,000 and Rs 25,000 per month.The EPFO..

Next Story
Infrastructure Transport

Maharashtra to Get Rs 270 Billion Shipbuilding Cluster

Mazagon Dock Shipbuilders Ltd (MDL) will invest around Rs 27,000 crore to develop a greenfield shipbuilding cluster at Dighi Port in Maharashtra’s Raigad district. The project is expected to create nearly 90,000 employment opportunities, according to the state government.MDL has signed a memorandum of understanding (MoU) with National Shipbuilding and Heavy Industries Park Maharashtra Ltd (NSHIPML) for the development of the project in the presence of Maharashtra Chief Minister Devendra Fadnavis.Under the agreement, MDL aims to establish an annual shipbuilding capacity of at least 2 million ..

Next Story
Infrastructure Transport

Railways Opens Five Gati Shakti Cargo Terminals in Gujarat

Union Minister for Railways Shri Ashwini Vaishnaw inaugurated, dedicated to the nation and laid the foundation stone for five Gati Shakti Cargo Terminals (GCTs) in Gujarat, strengthening the state’s freight handling capacity and connectivity with markets across the country. The Shivlakha GCT in Kachchh was inaugurated, while the GCTs at Bhimasar in Kachchh, Devaliya in Morbi and Chandisar in Banaskantha were dedicated to the nation. The foundation stone was also laid for the upcoming GCT at Linch in Mahesana. During the event, the Railway Minister flagged off a salt-loaded freight train fr..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code