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India offers $20 billion investment in Iran

India offers $20 billion investment in Iran
11 April 2016 Current Affairs: India has offered to invest upto $20 billion in Iran announced by Dharmendra Pradhan Minister of Petroleum and Natural Gas Dharmendra Pradha during his two day visit to Iran. This was the first visit by an Indian minister since the US and other western powers lifted sanctions against Iran in January.The Iranian side that Indian companies could invest up to $20 billion and were interested in setting up petrochemical and fertilizer plants, including in the Chabahar Special Economic Zone, either through joint ventures between Indian and Iranian public sector companies or with private sector partners.India was also keen to set up a gas cracker unit and a liquefied petroleum gas extraction unit in Chabaharand ways of transporting gas to India from Iran including through a planned Iran-Pakistan-India pipeline were discussed. The two sides also discussed the award of rights to Indian firms to develop Farzad-B gas fields and the pending payments by Indian refiners towards Iran’s oil purchases.


March 2017 Current affairs
25 MAR
NEWS
24 MAR
NEWS
23 MAR
NEWS
22 MAR
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21 MAR
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20 MAR
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February 2017 Current affairs
28 FEB
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27 FEB
NEWS
25 FEB
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24 FEB
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23 FEB
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22 FEB
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January 2017 Current affairs
31 JAN
NEWS
30 JAN
NEWS
28 JAN
NEWS
27 JAN
NEWS
25 JAN
NEWS
24 JAN
NEWS

December 2016 Current affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
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28 DEC
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27 DEC
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26 DEC
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November 2016 Current affairs
30 NOV
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29 NOV
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28 NOV
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26 NOV
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25 NOV
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24 NOV
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