{"id":624548,"date":"2023-12-27T09:56:56","date_gmt":"2023-12-27T04:26:56","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=624548"},"modified":"2023-12-27T10:24:29","modified_gmt":"2023-12-27T04:54:29","slug":"swan-energy-announces-pre-payment-of-rs-300-crore-debt-for-its-fsru-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/swan-energy-announces-pre-payment-of-rs-300-crore-debt-for-its-fsru-project\/","title":{"rendered":"Swan Energy announces pre-payment of Rs 300 crore debt for its FSRU Project"},"content":{"rendered":"<p>Swan Energy Ltd on Tuesday said that TOPL, subsidiary of the company, has pre-paid Rs 300 crore, out of its internal accruals, to its consortium of senior lenders of Floating Storage and Regasification Unit (FSRU) Project. \u201cTOPL has also created the required Debt Service Retention Account (DSRA) of ~Rs 95 crore,\u201d it said in a regulatory filing. <\/p>\n<p>The FSRU vessel was commissioned in February 2023, which represents India\u2019s first new build FSRU initiative, embodying Swan Energy\u2019s leadership in ushering transformative developments in the LNG sector. \u201cThe partial debt prepayment is a significant milestone achievement and demonstrates a strong financial position,\u201d the company said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swan Energy Ltd on Tuesday said that TOPL, subsidiary of the company, has pre-paid Rs 300 crore, out of its internal accruals, to its consortium of senior lenders of Floating Storage and Regasification Unit (FSRU) Project. \u201cTOPL has also created the required Debt Service Retention Account (DSRA) of ~Rs 95 crore,\u201d it said in a regulatory filing. The FSRU vessel was commissioned in February 2023, which represents India\u2019s first new build FSRU initiative, embodying Swan Energy\u2019s leadership in ushering transformative developments in the LNG sector. \u201cThe partial debt prepayment is a significant milestone achievement and demonstrates a strong financial position,\u201d [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-624548","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/624548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=624548"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/624548\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=624548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=624548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=624548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}