IPGL to soon start operations at Chabahar port
State-owned India Ports Global Ltd. (IPGL) — formed to develop and run Chabahar port in Iran — will soon sign an agreement with the Iranian Port Authority to start a full-fledged operation, Indian Ministry of Ports, Shipping and Waterways Secretary TK Ramachandran said.
Located in Sistan and Baluchestan Province, on Iran’s energy-rich southern coast, Chabahar port is being developed by India, Iran and Afghanistan to boost connectivity and trade ties, PTI reported.
“(To start a full-fledged operation of) Chabahar Port… the agreement was to be signed between IPGL and the Iranian Port Authority. That is in process. It will happen soon,” Ramachandran told reporters.
Chabahar is an oceanic port. It is leads to the Indian Ocean and is the closest route to Afghanistan.