See Full Document Text
GOVERNMENT OF INDIA
MINISTRY OF EXTERNAL AFFAIRS
LOK SABHA
UNSTARRED QUESTION NO-2080
ANSWERED ON- 31/07/2026
DEVELOPMENT OF CHABAHAR PORT
2080. ADV DEAN KURIAKOSE
SMT. JYOTSNA CHARANDAS MAHANT
SHRI CHARANJIT SINGH CHANNI
Will the Minister of EXTERNAL AFFAIRS be pleased to state:-
(a) the current status of India’s involvement in the development and
operation of Shahid Beheshti Terminal at Chabahar Port in Iran;
(b) the details of the total investments made by India for the development
of the Port since May 2015 till March 2026, year-wise;
(c) whether India’s involvement in the development of the strategic Port
will continue, if so, the details thereof, if not, the reasons therefor;
(d) the current status of the 10-year agreement signed with Iran in 2024
to operate the Shahid Beheshti Terminal; and
(e) whether the Ministry has assessed the potential of this trade corridor
to cut logistics costs and open new global export markets for commercial
1steel, aluminium, and mineral products originating from landlocked status
like Chhattisgarh?
ANSWER
THE MINISTER OF STATE IN THE MINISTRY OF EXTERNAL AFFAIRS
(SHRI KIRTI VARDHAN SINGH)
(a) to (e) The Chabahar Port project was conceptualized to provide much-
needed connectivity to Afghanistan for its reconstruction and economic
development, as well as to boost trade and economic linkages of India
with Central Asia. An Indian government-owned company, India Ports
Global Limited (IPGL), through its wholly owned subsidiary, India Ports
Global Chabahar Free Zone (IPGCFZ), has been operating the port since
2018.
As per the provisions of the main contract signed between IPGL and the
Ports and Maritime Organisation (PMO) of Iran on 13 May 2024, India has
fulfilled its financial commitment of USD 120 million towards the project.
The final tranche of this amount was transferred to PMO in August 2025.
2As the conditional sanctions waiver granted by the US for the Chabahar
Port project ended on 26 April 2026, the Government remains engaged
with all concerned stakeholders to address the implications of this
development.
*****
3