Middle East Economic Survey


No 35



India And Iran In Talks For Joint Power Projects

S K Chaturvedi, chairman of Indian electric power transmission company Power Grid, told the Hindustan Times on 24 August that his company is considering two options for power transmission lines linking India with Iran for the purpose of importing electricity. One is a 1,500km land route from Iran via Pakistan to Gujarat, which will cost up to 200bn rupees (around $4bn). The other route is a...