Indian Oil-Panasonic in JV for lithium-ion batteries
Panasonic and IOC have signed a binding term sheet and initiated discussions to draw a framework for the formation of the JV, Panasonic Energy has stated
Panasonic and IOC have signed a binding term sheet and initiated discussions to draw a framework for the formation of the JV, Panasonic Energy has stated
The JV agreement between the two PSUs is in line with the central government’s decarbonisation push towards a low carbon future and net zero emissions.
FM bets ₹35,000 crore towards India's global net-zero commitment.
The Government has heightened its focus on climate and environment and has launched a host of initiatives, one of them being a mass movement called Life (lifestyle for environment).
The state-owned oil company plans to achieve net zero carbon emissions by 2040 and to invest ₹1.4 lakh crore in the next five years