After four days of hectic parleys to resolve differences on the 330 MW Kishanganga hydro power project in Jammu and Kashmir [Images], India and Pakistan on Monday decided to hold another round of talks on the contentious issue later this month.

The Indian delegation led by Indus Commissioner D K Mehta and the Pakistani side headed by his counterpart Syed Jamaat Ali Shah exchanged records and signed minutes of the meeting after marathon talks that began on Sunday afternoon and ended early morning on Monday.

"We could not arrive at a solution but both sides stressed on a resolution to the issue before February 28," Shah said.

He said that in their first meeting in Lahore [Images] last November, both sides had agreed to sort out their differences within three months.

Therefore it was decided to hold the talks before February 28 either in Islamabad or Lahore.

Indian official sources also claimed "positive movement" in the talks and said the two sides have shortlisted six items out of the 20 identified in the first meeting.