IndianOil partners with Israeli firm for aluminium-air systems

19 Mar 2021 CW Staff

Indian Oil Corporation Ltd (IOCL) has inked a pact with Israeli start-up company Phinergy, specialising in hybrid lithium-ion and Aluminium-Air and Zinc-Air battery systems, to form IOC Phinergy Private Ltd.

The joint venture (JV) will manufacture Aluminium-Air (Al-Ai) systems in India based on the domestic availability of aluminium and recycle aluminium for energy use.

Indian automobile manufacturers—Maruti Suzuki and Ashok Leyland already signed a letter of intent (LOI) with the newly incorporated JV IOC Phinergy Ltd for the country's e-mobility infrastructure.

The JV between Indian Oil and Phinergy for commercialising Aluminum-Air technology is a technology-driven Energy Transition.

India has been looking for a breakthrough in storage technology-batteries that are compact, cheaper, lighter and have higher energy density. According to Indian Oil, Al-Ai technology can address challenges in the e-mobility sector in the Indian market.

Al-Ai technology applications include energy backup for critical sites, range extension for electric vehicles, or low-cost renewable energy storage.

Phinergy is an Israeli start-up company developing unique metal-air technology, turning metals such as aluminium and zinc into a modern way to store, transport and generate clean and safe energy.

Image Source

Also read: IndianOil to start mega ethanol plants in Telugu states

Infrastructure Urban

03 Nov 2025

Vice-President Backs Global Unity at IN-STEP 2025

Vice-President of India, Shri C. P. Radhakrishnan, addressed delegates at the 3rd edition of the International Strategic Engagement Programme (IN-STEP) held at the Vice-President’s Enclave in New Delhi. IN-STEP serves as a key dialogue platform for senior national security officers from India and friendly foreign nations. The current edition hosts 44 delegates, including 32 international participants representing 24 Global South countries. Commending the joint efforts of the National Defence College, National Security Council Secretariat, Ministry of External Affairs, and Ministry of Defen..

India to Host Global Maritime Events in Visakhapatnam

India will host three major international maritime events in February 2026 at Visakhapatnam — the International Fleet Review (IFR) 2026, Exercise MILAN 2026, and the Indian Ocean Naval Symposium (IONS) Conclave of Chiefs. Scheduled from 15 to 25 February 2026, this marks the first time India will conduct all three significant maritime gatherings simultaneously. The events embody Prime Minister Shri Narendra Modi’s MAHASAGAR vision — Mutual and Holistic Advancement for Security and Growth Across Regions — announced in 2025. The MAHASAGAR framework extends India’s SAGAR (Security and ..

Heavy Industries Ministry Frees 4.4 Million Sq Ft Under SCDPM 5.0

Inspired by the Prime Minister’s vision to institutionalise Swachhata and clear long-pending matters, the Ministry of Heavy Industries (MHI), along with its Central Public Sector Enterprises (CPSEs) and Autonomous Bodies (ABs), actively participated in the fifth consecutive year of the Special Campaign for Disposal of Pending Matters (SCDPM) 5.0, held from 2 to 31 October 2025. Throughout the campaign, MHI worked closely with the Department of Administrative Reforms and Public Grievances, reporting daily progress on a dedicated monitoring portal. Shri Bhupathi Raju Srinivasa Varma, Minister..