Defence Sector News | Project News | Project Update | Project Opportunities
Swan Energy, acting through its special purpose vehicle Hazel Infra, will finalize the acquisition of Reliance Naval and Engineering by paying Rs. 231 crore on November 15, ahead of the November 22 deadline set for the next National Company Law Tribunal hearing. This acquisition represents a strategic step for Swan Energy, positioning it as a major player in commercial and naval defense vessel manufacturing and ship repair. It’s on track to become the largest private entity in these sectors, marking a significant development for the company.
*Image used if any in this post is for illustration only
Note: Note: The above-mentioned news was first published by us in our ProjectX India | 15th November 2023 edition.. To get this issue or our latest issue with full contact details, you can buy this issue by clicking here…
Access Defence sector projects, news, contracts and tenders from India in ProjectX India
ProjectX India helps you to identify new projects in India. Accelerate your business by getting timely information on upcoming and ongoing projects, contract award, and tenders. ProjectX India provides you with actionable new project opportunities with contacts. The copy is delivered to you through email every fortnight. For subscription click here…
Click here to download an evaluation copy which covers new projects from India, ongoing projects from India, Contract Awards from India, Public Procurement opportunities from India. Whatsapp us on 877 927 9155 for subscription or advertising on this website and digital edition.