{"id":405452,"date":"2021-03-18T08:37:25","date_gmt":"2021-03-18T03:07:25","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405452"},"modified":"2021-03-18T09:33:55","modified_gmt":"2021-03-18T04:03:55","slug":"indian-oil-corporation-enters-into-joint-venture-with-israeli-firm-phinergy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-oil-corporation-enters-into-joint-venture-with-israeli-firm-phinergy\/","title":{"rendered":"Indian Oil Corporation enters into joint venture with Israeli firm Phinergy"},"content":{"rendered":"<p>Indian Oil Corporation (IOC) on Wednesday entered into a collaboration with Phinergy, an Israeli start-up company specialising in hybrid lithium-ion and aluminium-air\/zinc-air battery systems, to form IOC Phinergy Private Limited. <\/p>\n<p>According to a press release, the collaboration took place in the presence of Union Minister Dharmendra Pradhan and Israel Energy Minister Yuval Steinitz. <\/p>\n<p>The joint venture will manufacture Aluminum-Air systems in India to boost India&#8217;s flagship programme &#8211; &#8220;Make in India&#8221; and recycle used Aluminum to strengthen India&#8217;s energy security. <\/p>\n<p>In a significant boost to India&#8217;s pursuit of e-mobility, two of the leading Automotive manufacturers in India- Maruti Suzuki and Ashok Leyland signed a Letter of Intent (LOI) with the newly incorporated JV IOC Phinergy Limited, said the release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Oil Corporation (IOC) on Wednesday entered into a collaboration with Phinergy, an Israeli start-up company specialising in hybrid lithium-ion and aluminium-air\/zinc-air battery systems, to form IOC Phinergy Private Limited. According to a press release, the collaboration took place in the presence of Union Minister Dharmendra Pradhan and Israel Energy Minister Yuval Steinitz. The joint venture will manufacture Aluminum-Air systems in India to boost India&#8217;s flagship programme &#8211; &#8220;Make in India&#8221; and recycle used Aluminum to strengthen India&#8217;s energy security. In a significant boost to India&#8217;s pursuit of e-mobility, two of the leading Automotive manufacturers in India- Maruti Suzuki and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-405452","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=405452"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405452\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}