Draft:India Ports Global Limited(IPGL)

Submission declined on 17 September 2024 by Bharatwiki Socrates (talk).

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This draft has not been edited in over six months and qualifies to be deleted per CSD G13.

Declined by Bharatwiki Socrates 8 months ago. Last edited by Bharatwiki Socrates 8 months ago. Reviewer: Inform author.

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India Ports Global Ltd. is a central public sector undertaking under Shipping and Ports Ministry, Government of India^[1]

BackgroundEdit

Jawaharlal Nehru Port Trust (JNPT) and Kandla Port Trust (KPT) will go ahead and build and operate ports overseas. A new company, India Ports Global Ltd (IPG), will be jointly held by the two ports.^[2]

India Ports Global's first project is development and operation of Chabahar Port will be in Iran. The Central government is veering around to the view that it should utilise India Ports Global Ltd to own and run ports secured overseas on government-to-government (G2G) basis.^[3]

OperationEdit

Chabahar port - India Allocates Just Over $12m to development of Chabahar port in 2023-24 Budget.^[4]India has committed grant aid of $85 million and a credit facility of $150 million for developing Shahid Beheshti terminal at Chabahar Port.

Final SubmissionEdit

[1] ttps://economictimes.indiatimes.com/company/india-ports-global-limited/U61100MH2015GOI261274

[2] ttps://www.dnaindia.com/business/report-jnpt-kandla-venture-gets-nod-to-builds-ports-overseas-2063845

[3] ttps://infra.economictimes.indiatimes.com/news/ports-shipping/govt-keen-to-utilise-india-ports-global-for-running-ports-secured-overseas-on-g2g-basis-after-adani-episode/97937431

[4] ttps://financialtribune.com/articles/domestic-economy/116979/india-allocates-just-over-12m-to-development-of-chabahar-in-2023-24#:~:text=The%20outlay%20for%20Chabahar%20port,including%20the%20International%20North%2DSouth

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