Reliance Infra in talks for stake sale in units

Reliance Infrastructure is in talks with investors and funds to sell stake in its roads, metro lines, and transmission businesses. The company which started out as a power distributor has looked to transform itself into a complete infrastructure player. Its current portfolio of projects includes 11 road projects, three metro rail lines in Mumbai and Delhi, and five transmission line projects.

According to the company, a lot of parties have shown interest in the share of its roads, metro and transmission businesses. Even, foreign funds are very keen, also foreign strategic partners, private equity firms. crackcrack