India Ports Global Ltd (IPGL) was primarily formed to participate in SHAHID BEHESTHI PORT, CHABAHAR development project with the objective of providing an alternative and reliable access route to land locked Afghanistan & Central Asian Countries. With above objective in mind, a SPV comprising a joint shareholding of Jawaharlal Nehru Port and Deendayal Port Trust was incorporated on 22nd January 2015. Thereafter Company becomes wholly owned subsidiary of Sagarmala Development Company Limited. A Memorandum of Understanding (MoU) for development of SHAHID BEHESTHI PORT, CHABAHAR was signed on 06th May 2015 and the Contract was signed on 23rd May, 2016.