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Iran drops India from Chabahar port rail project over funding delay: Report

India has, however, refuted the report saying it remains committed to the rail project

Chabahar port
premium

India, Iran and Afghanistan, which are jointly developing the Chabahar port, consider it a gateway to trade opportunities with central Asian nations

BS Web TeamAgencies New Delhi
The Iranian government had decided to drop India from the project to construct a rail line from Chabahar port to Zahaden along the border with Afghanistan, and proceed on its own, citing delays from the Indian side in funding and starting the project, The Hindu reported on Wednesday. "Iranian Railways will proceed without India’s assistance, using approximately $400 million from the Iranian National Development Fund," said the report. 

The Indian government has, however, denied the report. The Times of India on Wednesday reported quoting government officials that "New Delhi remained committed to financing and building the railway and was continuously