Indian Oil Corporation completes second round of investment in Phinergy, bringing its holding in the company to 17%

To date, Indian Oil has purchased over 14.8 million Phinergy shares, in two installments, for a total of approximately $25 million TEL AVIV, Israel, Feb. 14, 2024 /PRNewswire/ — Phinergy (TASE: PNRG) – which develops metal-air technology that produces electricity by combining oxygen from…