Swan Energy to use Reliance Naval to foray into naval defence contracts, oil & gas and repair

Swan Energy to use Reliance Naval to foray into naval defence contracts, oil & gas and repair
24/03/2023

Swan Energy Ltd, which last month acquired erstwhile Anil Ambani group company Reliance Naval & Engineering (RNEL), plans to turn itself into the biggest private player in the manufacture of naval defence and oil and gas vessels.

It will also aim to be the largest player in green ship-breaking, ship repairing and a hub for global manufacturing in the Asia Pacific region, senior company executives said.

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