Swan Energy’s LNG arm prepays Rs 2,206 crore debt
Swan Energy on Monday said its natural gas business arm Swan LNG Pvt Ltd has prepaid Rs 2,206 crore of loan taken from a consortium of lenders.
Post-prepayment, Swan LNG’s debt has come down to Rs 1,611 crore and the firm will save around Rs 250 crore in interest cost annually, the company said in a statement without disclosing the lenders’ names.
