MoneyWorks4Me

Swan Energy’s arm receives approval from Gujarat Maritime Board

13 Dec 2016 Evaluate

Swan Energy’s wholly-owned subsidiary--Swan LNG (SLPL), has received approval from Gujarat Maritime Board (GMB) for commencement of construction of LNG terminal with ancillary structures for its Floating Storage and Re-gasification Unit (FSRU) Project at Jafrabad, Gujarat.

Further, the company has executed an EPC contract for Marine and Dredging works worth Rs. 2115 crore with National Marine & Infrastructure India (NMIIPL) for carrying out the construction of LNG terminal at Jafrabad, Gujarat, to be completed within 3 years. NMIIPL has already started the construction works.

Swan Energy is engaged in trading in fabric as well as in development of properties. Their activity includes manufacturing and marketing of cotton and polyester sarees and shirtings in India. The company also engaged in the business of Textiles, Property Development.

Peers
Company Name CMP
Vardhman Textiles 561.95
Welspun Living 223.70
Arvind 548.00
Raymond Lifestyle 677.40
K.P.R. Mill 1136.75
View more..