March 29, 2024 12:28 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi has mastered art of manipulating democracy, hurting Constitution: Mallikarjun Kharge | Mafia-turned-politician Mukhtar Ansari dies of cardiac arrest at 63 | NIA arrests key conspirator in Bengaluru cafe blast case | Actor Govinda returns to politics after 14 years of 'vanvas', joins Eknath Shinde camp | 'To browbeat and bully others is vintage Congress culture': PM posts after 600 lawyers write to CJI
Chabahar Port operation: India delivers 1st batch of heavy cranes Chabahar Port
Image: Wikimedia Commons

Chabahar Port operation: India delivers 1st batch of heavy cranes

India Blooms News Service | @indiablooms | 21 Jan 2021, 09:48 pm

New Delhi: Showing New Delhi's commitment towards developing the strategic connectivity project that can provide access to markets in Central Asia, the Indian government has delivered a consignment of heavy equipment, including cranes, for further development of Iran’s Chabahar port, media reports said.

The consignment included two mobile harbour cranes of 140 tonnes, which were acquired from the Italian firm Italgru S.r.l. under a deal for a total of six cranes, people familiar with developments on condition of anonymity told Hindustan Times.

“The first shipment of strategic loading and unloading equipment worth $8.5 million has arrived in Chabahar port to mark the activation of the contract between the Ports and Maritime Organization (PMO) and the Indian side,” Behrouz Aghaei, director-general of the ports and maritime department of Iran’s Sistan-Baluchestan province, told the newspaper.

According to Aghaei, the mentioned equipment is going to be installed in Shahid Beheshti port, as part of a contract between the two sides, based on which India is going to invest $85 million in this port, reports Tehran Times.

The official noted that the Indian side is going to operate in Shahid Beheshti port in the form of a build–operate–transfer (BOT) contract and this is the first time that such a contract is implemented in one of the country's ports with 100 percent foreign investment.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
PM Modi in Bhutan 22 Mar 2024, 06:53 pm
PM Modi in Tamil Nadu 28 Feb 2024, 07:07 pm