Brookfield plans to increase India's capacity for green energy `
POWER & RENEWABLE ENERGY

Brookfield plans to increase India's capacity for green energy `

Brookfield wants to help corporations transition to decarbonisation and invest in developing expansive supply chains in India in addition to tripling its present 4 GW renewable portfolio there within the next ten years.

In India, Brookfield is now managing renewable assets worth roughly $1 billion that are in full operation.

For its first Global Transition Fund, Brookfield Asset Management reported raising a record $15 billion earlier this year. This is the largest private fund in the world devoted to the net zero transition, demonstrating that investors remain committed to creating more environmentally friendly portfolios. With a $2 billion self-deployment, Brookfield is the fund's single-largest sponsor.

Also read:
IRCON bags Rs 2.56 bn contract from Mahanadi Coalfields
NRL to complete construction of IBFPL by end of year

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Brookfield wants to help corporations transition to decarbonisation and invest in developing expansive supply chains in India in addition to tripling its present 4 GW renewable portfolio there within the next ten years. In India, Brookfield is now managing renewable assets worth roughly $1 billion that are in full operation. For its first Global Transition Fund, Brookfield Asset Management reported raising a record $15 billion earlier this year. This is the largest private fund in the world devoted to the net zero transition, demonstrating that investors remain committed to creating more environmentally friendly portfolios. With a $2 billion self-deployment, Brookfield is the fund's single-largest sponsor. Also read: IRCON bags Rs 2.56 bn contract from Mahanadi Coalfields NRL to complete construction of IBFPL by end of year

Next Story
Infrastructure Transport

Noida Airport Fuels NCR Realty Growth

The start of commercial operations at Noida International Airport has recently emerged as a major trigger for real estate growth across Noida, Greater Noida and the Yamuna Expressway region. The airport is expected to improve regional connectivity and support the next phase of development in eastern NCR.The airport, inaugurated on 28 March, has begun passenger services, while cargo operations are also expected to strengthen its role as an economic and logistics hub. Its operationalisation is expected to reduce dependence on Delhi’s Indira Gandhi International Airport for residents and busine..

Next Story
Technology

thyssenkrupp and GlobalLogic Form AI Alliance

thyssenkrupp AG and GlobalLogic, a Hitachi Group company, have recently formed a strategic alliance to deploy autonomous robotics and Physical AI across heavy industry operations. The partnership aims to improve safety, reduce engineering bottlenecks and accelerate industrial transformation at scale.The alliance brings together thyssenkrupp’s industrial expertise with Hitachi’s innovation capabilities. It includes GlobalLogic, Method and Hitachi America R&D, creating a “Lab-to-Scale” pipeline that connects research, digital strategy, design and enterprise software engineering for i..

Next Story
Real Estate

Platinum Corp Launches Luxury Suites in Santacruz

Platinum Corp has recently launched Platinum Stellar: Bespoke Presidential Suites, a premium residential project in Santacruz West, Mumbai. The development is positioned as a boutique luxury offering for homebuyers seeking expansive layouts, privacy and personalised living experiences.Located on Main Avenue, the project has been designed as a low-density, high-end residential address with spacious homes starting from 2,500 sq ft and extending to full-floor residences. The project targets HNIs, business owners and legacy residents from the Bandra-Khar-Santacruz belt.Platinum Stellar has been de..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement