Swan Energy Ltd., initially incorporated as Swan Mills Limited in 1909, operates across three primary sectors: Textiles, Energy, and Construction. Managed by the Dave and Merchant families since 1992, the company has diversified its portfolio significantly. It has six subsidiaries, primarily in India, focusing on real estate, construction, and infrastructure, with a notable move into the energy sector through LNG projects.
The company has undertaken significant ventures, including a 5 MMTPA LNG Port Project in Gujarat through its subsidiaries, Swan LNG Private Ltd. (SLPL) and Triumph Offshore Private Ltd. (TOPL). It established India's first Greenfield LNG Port Terminal at Jafrabad with a 10 MMTPA capacity. Strategic partnerships have been forged with international entities such as Mitsui OSK Lines and Hyundai Heavy Industries. In 2023, Swan Energy expanded its influence in the market by acquiring a majority stake in Veritas (India) Limited, enhancing its energy and infrastructure capabilities.
