IPGL consider Gulf entities for equipment procurement for Chabahar Port
PORTS & SHIPPING

IPGL consider Gulf entities for equipment procurement for Chabahar Port

India Ports Global (IPGL) is exploring solutions to acquire cranes and container handling equipment for Chabahar Port in Iran. One option being considered involves a partnership with an entity based in Abu Dhabi, Dubai, or Sharjah, which would procure the equipment and facilitate their transfer to the India-funded port. This initiative stems from the challenges faced by IPGL in purchasing equipment, which has hindered the full-scale operation of Chabahar Port for six years.

Previously, IPGL had issued tenders for equipment procurement, but these efforts were unsuccessful due to non-participation by suppliers, despite multiple deadline extensions. To overcome this hurdle, IPGL is now exploring a new approach. An entity from Abu Dhabi, Dubai, or Sharjah will acquire the necessary equipment and have it delivered to their respective ports. From there, the equipment will be transported to Chabahar Port.

The difficulty in procuring equipment dates back to 2017 when suppliers refrained from bidding on contracts due to sanctions imposed on Iran by Western nations concerning its nuclear program. Although the United States issued a document exempting Chabahar Port from these sanctions, it lacked clarity, leading banks to reject it. Consequently, equipment manufacturers struggled to open letters of credit, essential for finalising the deals. Despite these challenges, India remains persistent in its efforts to facilitate the smooth operation of Chabahar Port.

India Ports Global (IPGL) is exploring solutions to acquire cranes and container handling equipment for Chabahar Port in Iran. One option being considered involves a partnership with an entity based in Abu Dhabi, Dubai, or Sharjah, which would procure the equipment and facilitate their transfer to the India-funded port. This initiative stems from the challenges faced by IPGL in purchasing equipment, which has hindered the full-scale operation of Chabahar Port for six years. Previously, IPGL had issued tenders for equipment procurement, but these efforts were unsuccessful due to non-participation by suppliers, despite multiple deadline extensions. To overcome this hurdle, IPGL is now exploring a new approach. An entity from Abu Dhabi, Dubai, or Sharjah will acquire the necessary equipment and have it delivered to their respective ports. From there, the equipment will be transported to Chabahar Port. The difficulty in procuring equipment dates back to 2017 when suppliers refrained from bidding on contracts due to sanctions imposed on Iran by Western nations concerning its nuclear program. Although the United States issued a document exempting Chabahar Port from these sanctions, it lacked clarity, leading banks to reject it. Consequently, equipment manufacturers struggled to open letters of credit, essential for finalising the deals. Despite these challenges, India remains persistent in its efforts to facilitate the smooth operation of Chabahar Port.

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?