New Delhi, Jan. 20 -- According to the Iranian Ports and Maritime Organization, India has paid off its USD 120 million investment commitment toward the development of Chabahar port in Iran. India-supplied heavy port equipment, including mobile harbour cranes, are operational at the Shahid Beheshti terminal, but India has withdrawn managerial presence at the Shahid Beheshti terminal although India Ports Global Limited (IPGL) was granted the right to operate the Shahid Beheshti terminal for a 10-year period in May 2024. IGPL had held its most recent Annual General Meeting in December 2025, with its latest balance sheet dated 31 March 2025.

Chabahar is central to India's maritime access to Afghanistan and Central Asia, bypassing Pakistan. T...