In what was arguably the most important foreign visit of the year for Prime Minister Narendra Modi, he signed a dozen deals with Iran. Emerging from decades of sanctions, Iran could soon be the most happening place for trade in the near future. Modi signed deals covering exchange visits by think tanks to a trilateral agreement between India, Afghanistan and Iran for a trade treaty to develop the Chabahar port. It is Iran´s only port on the Indian Ocean, and once developed, it will allow India to access Central Asia directly – skipping Pakistan.
Union Road Transport and Highways and Shipping Minister Nitin Gadkari, who accompanied the prime minister on his two-day trip, explained the importance of the Chabahar deal. ´The distance between Kandla (in the Kutch district of Gujarat) and the Chabahar port is less than the distance between New Delhi and Mumbai,´ he said. ´This agreement enables us quick movement of goods first to Iran and then onwards to Afghanistan and Russia through a new rail and road link.´
FlashNews:
Goyal Aluminiums plans to set up EV plant in UP
DISCOM to purchase 1,070 MW of wind-solar hybrid electricity in Gujarat
Railways sets empanelment tender for rooftop solar installations
Tata Power introduces new 400 KV transmission corridor for Mumbai
RIL & Adani Group withdraw bid to acquire SKS Power Generation
Ahmednagar to soon have its first solar agri-feeder
Brookfield to Acquire KKR’s 50% Stake in Renewable Developer X-Elio
SCHOTT enters PPA with CleanMax for Wind Solar Hybrid Project
Power Grid Corporation receives 6 Special Purpose Vehicles from REC
Power Finance Corporation to receive Rs 165 cr loan from Japan’s JBIC
Delhi aims to meet annual electricity demand through solar power
BCCL signs 1st MDO contract for coking coal extraction
NTPC REL: Sterling & Wilson Renewable Energy bags order
GAIL and Shell reach an agreement to discuss ethane supply
NTPC commissions green coal plant in Varanasi
Power plants in Delhi fails to adhere to biomass co-firing policy
JSW Steel plans to invest in a virgin coking coal mine
Adani Transmission gets certified as single-use plastic-free firm
Coal India targets 156 MT coal supply to power sector in April-June
Home » India´s Central Asia dreams to set sail from Chabahar
India´s Central Asia dreams to set sail from Chabahar

Leave a Reply
You must be logged in to post a comment.