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Indian Oil Corporation Ltd board recommends final dividend of Rs 1 50
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Indian Oil Corporation Ltd Q4FY21 consolidated net profit jumps to Rs, 9026 49 crore
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0 Comments Indian Oil Corporation Ltd (IOCL) has been fast diversifying into the production of alternative forms of energy in recent years. As part of its strategy, the company has teamed up with Israeli start-up, Phinergy, for the development of aluminium-air (Al-air) batteries, and the partners are gearing up to soon establish their manufacturing facility. “We’ll be setting up a plant. The MoU has already been signed and, very shortly, we’ll be locating the plant in India,” said Shrikant Madhav Vaidya, chairman, IOCL, at a web conclave organised by our sister publication Autocar Professional on Meeting Emission Challenges .
The Indian and Israeli firms have created a JV called IOC Phinergy
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