UK's Greenko may buy Lanco Infra's hydro project.

Clean energy producer Greenko Group Plc, listed on the Alternative Investment Market of the London Stock Exchange, is in talks to acquire Lanco Infratech Ltd's Budhil hydropower project in Himachal Pradesh for nearly Rs.650 crore, three people aware of the development said, requesting anonymity. One of them is directly involved in the deal.

'We have been looking at offloading some assets. We are in talks with Greenko for (selling) this particular project (Budhil). We expect the deal to happen. The due diligence is on,' said an executive of Lanco Infratech.

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