India ready to invest US$15b in Iran if it can secure gas deal

Published Wed, Sep 23, 2015 · 09:50 PM

    New Delhi

    INDIA is ready to invest more than US$15.2 billion to build projects in Iran including taking up full-scale development of Chabahar Port if Teheran offers better terms including cheaper gas, Shipping Minister Nitin Gadkari said on Wednesday.

    India is one of the handful countries that continued trade links with Iran, isolated by Western countries against its disputed nuclear programme.