India will supply
four more mobile harbor cranes to Iran’s Chabahar Port by the end of June this
year, a government official said on Friday.
In January, India
supplied Chabahar Port a consignment of two mobile harbor cranes with a total
contract value of $25 million, Press Trust of India reported.
“For Chabahar, the
available cranes are insufficient for conducting port operations. Two more cranes
are standing for loading near the port near Venice, Austria, which will reach
by March end to this port. Two more will reach by June end,” India’s Ministry
of Ports, Waterways and Shipping (MoPWS) Additional Secretary Sanjay
Bandopadhyaya said during a briefing on Maritime India Summit 2021 to be held
from March 2-4.
after the mobile harbor cranes are delivered, there are plans to procure
rail-mounted cranes for which bidding is going on.
The bilateral contract between Iran and India was signed on May 23,
contract between Iran and India was signed on May 23, 2016, with a total value
of $85 million for equipping, mechanizing and starting operations at the port
under the first phase.
In this regard, a
special purpose vehicle – India Ports Global Ltd, Mumbai – was incorporated
under the shipping ministry.
Chabahar has been
a key connectivity project by India toward its west and provides connectivity
via Iran to Afghanistan and beyond. India developed Shahid Beheshti Port at
Chabahar as part of the India-Iran-Afghanistan 2016 agreement.
A year ago, the
former US administration exempted India from sanctions for the development of
the port because of the benefits it potentially had for both India and
December saw the first India-Uzbekistan-Iran trilateral
working group meeting
the first India-Uzbekistan-Iran trilateral working group meeting on the joint
use of the port for trade and transit purposes and enhanced regional
New Delhi will be
inviting Afghanistan for the next meeting. India is also pursuing the inclusion
of Chabahar port in the International North-South Transportation Corridor.
INSTC is a major transit route benefitting India and Iran
INSTC is a major
transit route designed to facilitate the transportation of goods from Mumbai in
India to Helsinki in Finland, using Iranian ports and railroads, which the
Islamic Republic plans to connect to those of Azerbaijan and Russia.
The corridor will
connect Iran with Russia’s Baltic ports and give Russia rail connectivity to
both the Persian Gulf and Indian rail network. This means goods could be
carried from Mumbai to the Iranian port of Bandar Abbas and further to Baku.
They could then pass across the Russian border into Astrakhan before proceeding
to Moscow and St. Petersburg, before entering Europe.
INSTC would substantially
cut the travel time for everything from Asian consumer goods to Central
Eurasia’s natural resources to advanced European exports.