MoneyWorks4Me

GMB selects Swan Energy as developer for project at Jafrabad, Gujarat

30 Nov 2013 Evaluate

Swan Energy has been selected by The Gujarat Maritime Board (GMB) as the developer of ‘Greenfield LNG Port Terminal with Floating Storage and Regassification Unit (FSRU) on Built -Own-Operator-Transfer (BOOT) basis.

The company had earlier approached GMB to grant approval for the development of the said project which is located at Jafrabad in state of Gujarat.

Swan Energy is an emerging “green energy” company with a pipeline of innovatively structured power projects. The Company is currently undertaking a LNG Floating Storage & Regasification Unit (FSRU) in Pipavav, Gujarat with a capacity of 3 mn metric tonne p.a. of LNG imports.

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