{"id":20282,"date":"2024-06-19T13:33:17","date_gmt":"2024-06-19T08:03:17","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=20282"},"modified":"2024-06-19T13:33:19","modified_gmt":"2024-06-19T08:03:19","slug":"ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/","title":{"rendered":"IFC&#8217;s $105M Investment in Brookfield&#8217;s Bikaner Solar Power Project to Boost India\u2019s Renewable Energy Goals"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#IFC_Investment_in_Brookfields_Bikaner_Solar_Power_Project\" >IFC Investment in Brookfield&#8217;s Bikaner Solar Power Project<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Overview_of_the_Investment\" >Overview of the Investment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Project_Details_and_Impact\" >Project Details and Impact<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#IFCs_Role_and_Objectives\" >IFC\u2019s Role and Objectives<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Why_this_News_is_Important\" >Why this News is Important<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Significance_for_Renewable_Energy\" >Significance for Renewable Energy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Economic_Growth_and_Employment\" >Economic Growth and Employment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Environmental_Impact\" >Environmental Impact<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Alignment_with_National_Goals\" >Alignment with National Goals<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Historical_Context\" >Historical Context<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Background_on_IFC\" >Background on IFC<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Renewable_Energy_in_India\" >Renewable Energy in India<\/a><\/li><\/ul><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Key_Takeaways_from_IFC_Investment_in_Brookfields_Bikaner_Solar_Power_Project\" >Key Takeaways from IFC Investment in Brookfield&#8217;s Bikaner Solar Power Project<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#1_What_is_the_total_capacity_of_the_Brookfields_Bikaner_Solar_Power_Project\" >1. What is the total capacity of the Brookfield&#8217;s Bikaner Solar Power Project?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#2_How_much_has_IFC_invested_in_the_Bikaner_Solar_Power_Project\" >2. How much has IFC invested in the Bikaner Solar Power Project?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#3_What_is_the_expected_annual_reduction_in_CO2_emissions_from_the_project\" >3. What is the expected annual reduction in CO2 emissions from the project?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#4_When_was_the_first_phase_of_the_Bikaner_Solar_Project_commissioned\" >4. When was the first phase of the Bikaner Solar Project commissioned?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#5_What_are_the_long-term_benefits_of_this_project_for_India\" >5. What are the long-term benefits of this project for India?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/edunovations.com\/currentaffairs\/international\/ifc-ifc-invests-105-million-in-brookfields-bikaner-solar-power-project-contributing-to-indias-renewable-energy-goals-and-reducing-co2-emissions-by-804408-tons-annually\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IFC_Investment_in_Brookfields_Bikaner_Solar_Power_Project\"><\/span>IFC Investment in Brookfield&#8217;s Bikaner Solar Power Project<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Overview_of_the_Investment\"><\/span>Overview of the Investment<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The International Finance Corporation (IFC), part of the World Bank Group, has committed $105 million to Brookfield\u2019s Bikaner Solar Power project in Rajasthan. This investment, through non-convertible debentures, aims to bolster renewable energy infrastructure in India. Brookfield\u2019s Bikaner Solar Project, developed by Brookfield Global Transition Fund (BGTF), is set to deliver a total capacity of 550 MW. The project is being executed in two phases, with the first phase of 268 MW commissioned in March 2024, and the second phase expected to add 282 MW, amounting to a total estimated cost of $317 million.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Project_Details_and_Impact\"><\/span>Project Details and Impact<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The Bikaner Solar Project is integrated with India\u2019s interstate transmission system and is expected to cut down greenhouse gas emissions by approximately 804,408 tons of CO2 annually. This project will supply green energy through long-term power purchase agreements to commercial and industrial clients, and will also engage in the merchant market via power exchanges. This initiative aligns with India\u2019s goal of achieving 500 GW of non-fossil fuel-based power capacity by 2030, contributing to global climate change mitigation efforts.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IFCs_Role_and_Objectives\"><\/span>IFC\u2019s Role and Objectives<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The International Finance Corporation (IFC), established in 1956, supports private sector development in developing countries by investing in equity and debt instruments. IFC\u2019s investment in the Bikaner project underscores its commitment to promoting sustainable economic growth through renewable energy projects. By investing in projects that offer social and environmental benefits, IFC aims to foster job creation, poverty reduction, and climate change mitigation.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\" id=\"IFC-investment-in-solar-projects\"><img decoding=\"async\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2024\/06\/IFC-investment-in-solar-projects.jpeg\" alt=\"IFC investment in solar projects\n\" class=\"wp-image-20283\" width=\"736\" height=\"412\" title=\"IFC investment in solar projects\"\/><figcaption class=\"wp-element-caption\">IFC investment in solar projects<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_this_News_is_Important\"><\/span>Why this News is Important<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Significance_for_Renewable_Energy\"><\/span>Significance for Renewable Energy<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">This investment is crucial as it underscores the growing momentum towards renewable energy adoption in India. With IFC\u2019s financial support, the Bikaner Solar Project will contribute significantly to India\u2019s renewable energy capacity, helping the country meet its ambitious targets.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Economic_Growth_and_Employment\"><\/span>Economic Growth and Employment<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The project is expected to generate employment opportunities, both during the construction and operational phases, thereby supporting local economies. Investments in such infrastructure projects often lead to the development of related industries and services, further boosting economic growth.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Environmental_Impact\"><\/span>Environmental Impact<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The project\u2019s aim to reduce CO2 emissions by over 804,000 tons annually highlights its environmental benefits. It aligns with global efforts to combat climate change by promoting cleaner energy sources and reducing reliance on fossil fuels.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Alignment_with_National_Goals\"><\/span>Alignment with National Goals<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">India has set an ambitious target of achieving 500 GW of non-fossil fuel-based power capacity by 2030. The successful execution of the Bikaner project will be a significant step towards achieving this goal, demonstrating the country&#8217;s commitment to sustainable development.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span>Historical Context<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Background_on_IFC\"><\/span>Background on IFC<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The International Finance Corporation (IFC) was established in 1956 as a member of the World Bank Group, with the primary objective of supporting private sector development in developing countries. IFC provides investment and advisory services to promote economic growth and reduce poverty. Over the years, IFC has invested in numerous projects across various sectors, including infrastructure, financial markets, and renewable energy, to foster sustainable development.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Renewable_Energy_in_India\"><\/span>Renewable Energy in India<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">India has been actively pursuing renewable energy projects to diversify its energy mix and reduce greenhouse gas emissions. The government\u2019s initiatives, such as the National Solar Mission, aim to establish India as a global leader in solar energy. Investments from international organizations like IFC play a pivotal role in achieving these goals by providing the necessary financial support and expertise.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_IFC_Investment_in_Brookfields_Bikaner_Solar_Power_Project\"><\/span>Key Takeaways from IFC Investment in Brookfield&#8217;s Bikaner Solar Power Project<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Serial Number<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1<\/td><td>IFC has committed $105 million to Brookfield&#8217;s Bikaner Solar Power Project in Rajasthan.<\/td><\/tr><tr><td>2<\/td><td>The project aims to develop 550 MW of solar power capacity, reducing CO2 emissions by 804,408 tons annually.<\/td><\/tr><tr><td>3<\/td><td>The investment supports India\u2019s goal of achieving 500 GW of non-fossil fuel-based power capacity by 2030.<\/td><\/tr><tr><td>4<\/td><td>IFC&#8217;s investment underscores its commitment to promoting sustainable economic growth through renewable energy projects.<\/td><\/tr><tr><td>5<\/td><td>The project will create employment opportunities and support local economies while contributing to global climate change mitigation efforts.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">IFC investment in solar projects<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"1_What_is_the_total_capacity_of_the_Brookfields_Bikaner_Solar_Power_Project\"><\/span><strong>1. What is the total capacity of the Brookfield&#8217;s Bikaner Solar Power Project?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The total capacity of the Brookfield&#8217;s Bikaner Solar Power Project is 550 MW.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"2_How_much_has_IFC_invested_in_the_Bikaner_Solar_Power_Project\"><\/span><strong>2. How much has IFC invested in the Bikaner Solar Power Project?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">IFC has invested $105 million in the Bikaner Solar Power Project.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3_What_is_the_expected_annual_reduction_in_CO2_emissions_from_the_project\"><\/span><strong>3. What is the expected annual reduction in CO2 emissions from the project?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The project is expected to reduce CO2 emissions by approximately 804,408 tons annually.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"4_When_was_the_first_phase_of_the_Bikaner_Solar_Project_commissioned\"><\/span><strong>4. When was the first phase of the Bikaner Solar Project commissioned?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The first phase of the Bikaner Solar Project, with a capacity of 268 MW, was commissioned in March 2024.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_What_are_the_long-term_benefits_of_this_project_for_India\"><\/span><strong>5. What are the long-term benefits of this project for India?<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The long-term benefits include contributing to India\u2019s goal of 500 GW of non-fossil fuel-based power capacity by 2030, reducing greenhouse gas emissions, and supporting economic growth through job creation and infrastructure development.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" rel=\"noreferrer noopener\">State Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--2\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/sports\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sports Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button is-style-outline is-style-outline--3\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/international\/\" target=\"_blank\" rel=\"noreferrer noopener\">International Current Affairs<\/a><\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/banking\/\" target=\"_blank\" rel=\"noreferrer noopener\">Banking Current Affairs<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" 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This investment, through non-convertible debentures, aims to bolster renewable energy infrastructure in India. Brookfield\u2019s Bikaner Solar Project, developed by Brookfield&#8230;<\/p>\n","protected":false},"author":6,"featured_media":20284,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,144],"tags":[12539,12541,12542,1432,12540,12543,227],"class_list":["post-20282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international","category-economy_finance","tag-bikaner-solar-project","tag-brookfield-renewable-partners","tag-co2-emission-reduction","tag-green-energy","tag-ifc","tag-india-2030-goals","tag-renewable-energy"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/20282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=20282"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/20282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/20284"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=20282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=20282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=20282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}