Iran and India Reach Final Agreement on Chabahar Port

16 Jan 2024 CW Team

Iran has officially announced the successful conclusion of a final agreement with India regarding the development and operation of the strategically significant Chabahar Port. This milestone agreement signifies a deepening collaboration between the two nations in the maritime domain, opening avenues for increased trade and connectivity.

The Chabahar Port, located on the southeastern coast of Iran, holds immense geopolitical and economic importance. The finalised agreement is expected to pave the way for enhanced maritime trade, providing India with crucial access to Central Asia and Afghanistan through a more efficient and strategically positioned port.

The collaboration on Chabahar Port exemplifies the strong diplomatic and economic ties between Iran and India, fostering mutual interests in regional stability and economic development. This development is poised to bolster both nations' roles in the evolving landscape of international trade and connectivity, contributing to the broader framework of regional cooperation and economic integration.

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..