Brookfield Properties will utilize renewable energy from its solar project in Bikaner, Rajasthan, to supply green power to four office campuses in the Delhi-NCR region. In a statement released on Tuesday, Brookfield Properties announced that it has “secured renewable power from Brookfield’s Bikaner Solar Power Project,” marking its first collaboration in India under the Inter State Transmission System (ISTS) bilateral framework.
As a result, tenants at the Delhi-NCR campuses will now receive 40% of their energy from renewable sources. This initiative affects four locations: Candor TechSpace in Sector 48 and Sector 21 in Gurugram, along with Candor TechSpace in Sector 62 and Sector 135 in Noida.
This move is part of the Brookfield India Real Estate Trust portfolio and is projected to reduce carbon dioxide emissions by over 20,000 tonnes annually. The company stands as a leading global developer and operator in the real estate sector.
The company is engaged in various segments, including office, retail, multifamily, hospitality, and logistics, managing more than 1,100 properties across 390 million square feet of real estate globally for Brookfield Asset Management.
In India, the company oversees approximately 55 million square feet of assets across ten major cities, with over 45 million square feet currently operational. The company is a global real estate services company known for its extensive portfolio of commercial, residential, and retail properties.
As part of Brookfield Asset Management, one of the world’s largest alternative asset managers, the company manages and develops premier properties in major cities across the globe. In India, the company is recognized for its high-quality office spaces and commercial developments, catering to the evolving needs of businesses.
Brookfield Properties focuses on sustainable practices, advanced infrastructure, and creating vibrant communities within its developments. Its commitment to excellence and innovation has made it a trusted name in the real estate industry.
