Hindu Business Line. 18 May. 5 minute read
India Ports Global, a 60:40 joint venture between Jawaharlal Nehru Port Trust and Deendayal Port Trust, is re-writing the financial terms of the MOM contract to attract bids for the development of Iran’s Chabahar port. This is being done to protect Indian firms from the likely US sanctions on Iran that may follow the scrapping of the US-Iran nuclear accord.
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