IFFCO keen on acquiring 10 per cent stake in Swan Energy
New Delhi: After Tata Group, India's largest fertiliser producer IFFCO has envisaged interest in taking 10 per cent stake in Rs 5,900 crore floating LNG import terminal being set up by Nikhil Merchant-led Swan Energy in Gujarat.
Earlier this month, Tata Realty and Infrastructure (TRIL), a wholly-owned subsidiary of Tata Sons set up in 2007, had expressed interest in taking 10 per cent stake in Swan LNG Pvt Ltd that is setting up the Floating and Regasification Unit (FSRU) near Jafrabad in Gujarat. Economic Times