'Expect Iran letter to EXIM Bank soon on Chabahar $150mn loan'
The Iranian side during the discussions for finalisation of contract agreement for Chabahar Port had requested for a credit of USD 150 million for its development./ here seeking disbursement of the first tranche of USD 150 million loan to fast-track the development of As per the pact signed between the two nations in May last year, India is to equip and operate two berths in Chabahar Port Phase-I with capital investment of USD 85.21 million and annual revenue expenditure of USD 22.95 million on a 10-year lease. Ownership of the equipment ...
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