India to go ahead with IPI project

India has indicated that it would go ahead with the proposed $7.4 billion Iran, Pakistan, India gas pipeline project despite reported US objections.

Visiting US energy secretary Samuel Bodman, who was in India last week, is said to have conveyed Washington's opposition to India having the pipeline project with.

According to foreign minister Pranab Mukherjee, said that India was interested in the pipeline and negotiations on the pricing were currently underway.

India says pricing and commercial viability will be the only factors guiding the trilateral project.