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Indian Oil Corporation Ltd Q4FY21 consolidated net profit jumps to Rs, 9026 49 crore

Indian Oil Corporation Ltd Q4FY21 consolidated net profit jumps to Rs, 9026 49 crore
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Indian Oil-Phinergy JV to soon set up an aluminium-air battery plant in India

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

Petrol price skyrockets; Rs 96 22 per litre

DECCAN CHRONICLE. Updated May 18, 2021, 8:56 am IST The pandemic dampened the entire nation’s economy and even the oil companies are looking to make up for their losses  The price of petrol is subjected to change daily as petroleum companies such as Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Indian Oil Corporation Ltd (IOCL) alter the fuel prices based on the crude oil prices. PTI Hyderabad: The price of petrol in the city rose up to Rs 96.22 on Monday, the highest it has ever seen, say petroleum dealers.  The price of petrol is subjected to change daily as petroleum companies such as Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Indian Oil Corporation Ltd (IOCL) alter the fuel prices based on the crude oil prices.

2nd Indian Navy ship set sail for India from Singapore with COVID emergency relief material

2nd Indian Navy ship set sail for India from Singapore with COVID emergency relief material SECTIONS Last Updated: May 17, 2021, 08:11 PM IST Share Synopsis The shipment also consists of 18 ISO cryogenic oxygen tanks, 15 of which are filled; and 36 BiPaps breathing machines that help its users get more air into their lungs. Agencies This is the second Indian naval ship to carry back emergency supplies from Singapore. (Representative Image) A second Indian naval ship is set sail for home on Monday from Changi Naval Base here with COVID emergency relief material, including 2,950 oxygen cylinders of varying capacities and other medical equipment, the Indian High Commission here said.

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