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