+
India Ports Global gets Captain Alok Mishra as Managing Director
PORTS & SHIPPING

India Ports Global gets Captain Alok Mishra as Managing Director

Captain Alok Mishra has been appointed as the Managing Director of India Ports Global which handles the operations of Chabahar port in Iran.

The appointment of Mishra has been approved by the Appointments Committee of the Cabinet (ACC), a year after the previous office holder vacated office on 18th September 2020.

Currently, Mishra is the Head Operations and Transformation Lead at Gateway Terminals India Private Limited (GTI), 74% owned by APM Terminals Management BV. GTI is among the five container handling facilities operating at Jawaharlal Nehru Port Trust (JNPT).

According to the 27 September memorandum issued by the Department of Personnel and Training, Mishra has a five-year tenure.

India's participation in developing Chabahar Port will provide India with a reliable and alternative access route into Afghanistan using the Zaranj-Delaram highway in that country.

Chabahar port will provide a sea-land access route to India into Afghanistan and Central Asia through Iran's eastern border. The project is a strategic venture for the development of maritime transit traffic into both countries.

India Ports Global and Aria Banader Iranian Port and Marine Services Company had signed a deal in 2016 to equip and operate the container and multi-purpose terminals at Chabahar Port Phase I, with an $85.21 million investment and an annual revenue expenditure of $22.95 million over ten years of lease period.

The project has been delayed due to the US sanctions. The ten years of operation period is yet to begin. India and Iran have operationalised the port through a short-term contract, given the challenges over financing the cargo handling equipment like the rail-mounted quay cranes (RMQC).

It was also delayed for three more years as the crane makers denied participating in the tender due to the sanctions. India Ports Global has had to extend the bid deadline 18 times since September 2020.

Image Source

Captain Alok Mishra has been appointed as the Managing Director of India Ports Global which handles the operations of Chabahar port in Iran. The appointment of Mishra has been approved by the Appointments Committee of the Cabinet (ACC), a year after the previous office holder vacated office on 18th September 2020. Currently, Mishra is the Head Operations and Transformation Lead at Gateway Terminals India Private Limited (GTI), 74% owned by APM Terminals Management BV. GTI is among the five container handling facilities operating at Jawaharlal Nehru Port Trust (JNPT). According to the 27 September memorandum issued by the Department of Personnel and Training, Mishra has a five-year tenure. India's participation in developing Chabahar Port will provide India with a reliable and alternative access route into Afghanistan using the Zaranj-Delaram highway in that country. Chabahar port will provide a sea-land access route to India into Afghanistan and Central Asia through Iran's eastern border. The project is a strategic venture for the development of maritime transit traffic into both countries. India Ports Global and Aria Banader Iranian Port and Marine Services Company had signed a deal in 2016 to equip and operate the container and multi-purpose terminals at Chabahar Port Phase I, with an $85.21 million investment and an annual revenue expenditure of $22.95 million over ten years of lease period. The project has been delayed due to the US sanctions. The ten years of operation period is yet to begin. India and Iran have operationalised the port through a short-term contract, given the challenges over financing the cargo handling equipment like the rail-mounted quay cranes (RMQC). It was also delayed for three more years as the crane makers denied participating in the tender due to the sanctions. India Ports Global has had to extend the bid deadline 18 times since September 2020. Image Source

Next Story
Real Estate

Heena Lalwani Buys Rs 1.13 Billion Juhu Apartment

Heena Lalwani, promoter of Aatman Innovations Private Limited, has purchased a luxury apartment worth Rs 1.13 billion in Mumbai’s upscale Juhu locality, according to property registration documents accessed by Zapkey.com.The 9,862 sq ft apartment, located on the 10th floor of Lodha Developers’ Avalon Tower, was acquired at Rs 115,000 per sq ft and comes with five car parking spaces. The deal, registered on 18 August 2025, also included the payment of Rs 68 million in stamp duty and a Rs 30,000 registration fee.Lodha Developers did not respond to queries regarding the transaction, while the..

Next Story
Real Estate

Godrej Buys KPHB Land for Rs 7 Billion in E-Auction

An acre of prime land in Kukatpally Housing Board (KPHB), Hyderabad, was auctioned for Rs 7 billion, with the Telangana Housing Board generating Rs 5.47 billion from the sale of 7.8 acres through e-auction on 20 August 2025.The auction notification was issued last month, attracting bids from Godrej Properties, Aurobindo Realty, Prestige Estates, and Ashoka Builders, according to Board vice-chairman V.P. Gautham. With an offset price of Rs 4 billion per acre, the three-hour auction saw 46 bid increases, before Godrej Properties acquired the land.Revenue generated from the auction will be utilis..

Next Story
Real Estate

HMDA to Auction 93 Prime Plots in September

The Hyderabad Metropolitan Development Authority (HMDA) is preparing to conduct a three-day auction of prime open plots across Hyderabad, Rangareddy, and Medchal-Malkajgiri districts this September.According to official reports, the e-auction will take place on 17, 18, and 19 September, offering 93 plots. Of these, 70 are located in the Bachupally HMDA layout, with the remainder spread across Turkayamjal, Kokapet, Poppalguda, Chandanagar, Bairagiguda, Gandi Maisamma, Suraram, Medipally, and Bachupally village.The highest upset price has been fixed at Rs 175,000 per square yard for a land parce..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?