A deputy with the Iran Ports and Maritime Organisation Farhad Montaser said that Iran has not inked any deal with India regarding the railway line.
The aid for the strategically-important Chabahar Port which was zero in the revised estimates of 2019-20 has gone up to Rs 100 crore for the next fiscal.
The Chabahar port -- jointly being developed by India, Iran and Afghanistan -- is considered a gateway to golden opportunities for trade with central Asian nations by the three countries.
This port is expected to create thousands of jobs and bring billions of dollars in revenue to Afghanistan, Iran and India.
Gakdari is keen on expediting development of the Chabahar port, that can be easily accessed from India's west coast, bypassing Pakistan for economic trade.