Indian renewables company Greenko is in talks to acquire Green Infrastructure 's Mumbai electricity business for INR100bn-130bn ( $ 1.75bn-$2bn ) , said people familiar with the matter . With 10 million customers , the Mumbai business is India 's largest private sector integrated power utility . Both GIC and ADIA will be infusing equity to back this transaction, like they have in the past. Hong Kong - based utility holding company CLP has also discussed acquiring the Mumbai business with Reliance , however , it is the frontrunner , according to several sources .
Indian renewables company Greenko is in talks to acquire Green Infrastructure 's Mumbai electricity business for INR100bn-130bn ( $ 1.75bn-$2bn ) , said people familiar with the matter . With 10 million customers , the Mumbai business is India 's largest private sector integrated power utility . Hong Kong - based utility holding company CLP has also discussed acquiring the Mumbai business with Reliance , however , it is the frontrunner , according to several sources .