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Swan Energy to lease out FSRU vessel to Botas

10 Mar 2023 Evaluate

Swan Energy through its subsidiary Triumph Offshore has signed an agreement to lease out its floating storage regasification unit (FSRU) vessel to Turkish government-owned natural gas and LNG firm Botas for an annual rentals of around Rs 800 crore.

The lease arrangement is for a daily rental of $250,000, or about Rs 2 crore, which on an annualised basis works out to be around Rs 800 crore. The duration of the leasing agreement of its FSRU vessel Vasant One is for 12 months and is extendable on mutual agreement.

Swan Energy is an emerging green energy company with a successful track record in infrastructure projects and textiles too.

Swan Corp Share Price

315.40 2.95 (0.94%)
12-Jun-2026 14:50 View Price Chart
Peers
Company Name CMP
Welspun Living 138.60
Vardhman Textiles 623.65
Arvind 494.75
K.P.R. Mill 1065.00
Page Industries 38600.00
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