It had also washed its hands off the fourth container terminal at Jawaharlal Nehru Port Trust, despite making a winning bid, with Port of Singapore Authority as the lead partner.
Achal Kumar Joti will take over as the head of the Election Commission on July 6.
Gujarat state administration is preparing to face 'Cyclone Nilofar', which has developed in the Arabian Sea and is likely to move towards the state's coast, Gujarat meteorological department said.
Vagela could not have reached this position if Narendra Modi, who'd known him from his chief minister days, had not backed the choice.
JNPT, the country's largest container port at Navi Mumbai, and Kandla in Gujarat's Kutch, the largest port by total cargo, will come together to form a Special Purpose Vehicle to operate the terminal at Chabahar, under a revenue-share agreement with the Port and Maritime Organisation, Iran.
India owes Iran around $8.8 billion primarily on account of crude oil imports.
The Modi government's appalling inefficiency and lack of purpose stand exposed, says Ambassador M K Bhadrakumar.
India's involvement in the port development was not strictly under the international sanctions that had been imposed on Iran.
Acquisition of stressed infrastructure assets has pushed its debt to over Rs 1 lakh crore, highlighting concerns about its growth strategy.
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