Swan Energy, one of India’s leading private sector business houses, has made a significant financial stride by repaying a debt of Rs. This repayment signifies a noteworthy financial achievement, emphasising the company’s commitment to financial stability. 300 crore in debt for its Floating Storage and Regasification Unit (FSRU) Project. 40 crore debt pertaining to the textile unit is viewed as a strategic move, bolstering its financial credibility within the textile industry. It resonates with Swan Energy’s overarching financial strategy, focusing on debt management and sustainable business practices.

Source: The Hindu December 30, 2023 16:38 UTC