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Swan Energy to develop country’s first LNG Port in Gujarat

16 Dec 2016 Evaluate

Swan Energy is developing India's first LNG Port along with Floating and Regasification Unit (FSRU) near Jafrabad in Gujarat state with a total investment of Rs 5900 crore. A subsidiary company and special purpose vehicle company namely Swan LNG is implementing this project. Government of Gujarat has now decided to participate by investing 26% in equity of the LNG Port Project through Gujarat State Petronet and Gujarat Maritime Board jointly.

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
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