IPGL Explores Options to Purchase Equipment for Iran’s Chabahar Port

India Ports Global Ltd (IPGL) is exploring options to purchase cranes and container-handling equipment for Iran’s Chabahar port. The Indian-funded port has faced a six-year delay in starting full-fledged operations due to a lack of equipment. IPGL canceled tenders for equipment purchase in September last year after no suppliers submitted price offers, despite multiple deadline extensions. As a result, IPGL is now in direct discussions with suppliers based in Abu Dhabi, Dubai, or Sharjah to expedite the equipment purchase. These suppliers would acquire the equipment and deliver it to their respective ports, from where it will be taken to Chabahar Port.

Indian officials have recently held talks with officials at Abu Dhabi Port, Dubai Port, and Sharjah Port to form purchase contracts directly with vendors. India would reimburse the costs in dollars. The equipment procurement has been challenging due to sanctions imposed by the West on Iran over its nuclear program. Suppliers have been reluctant to bid on contracts in previous attempts since 2017. IPGL remains confident that their new plan will succeed, as they explore various options.

Overall, IPGL is working towards purchasing equipment for Chabahar port in Iran after facing a six-year delay. They have canceled previous tenders and are now directly discussing options with suppliers in Abu Dhabi, Dubai, or Sharjah. Indian officials have held talks with port officials in these locations to form purchase contracts. The purchase of equipment has been difficult due to sanctions on Iran over its nuclear program. Despite previous challenges, IPGL is confident that they will find a solution and expedite the equipment purchase.

Source .