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Exchange Disseminated Time 16/12/2016 11:06:13 | Swan Energy Ltd has informed BSE that Government of Gujarat has now decided to participate by investing 26% in Equity of SWAN’S LNG Port Project in Gujarat.
SWAN ENERGY LIMITED 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 PRIVATE LIMITED 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 Limited and Gujarat Maritime Board jointly. |
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