Reliance Power's proposed deal with JP Hydel Projects - A biggest deal in the industry

Reliance Power is planning to acquire the JP Hydel Projects - the full chunk of portfolio of JPs. The deal is proposed to be settle for 12000 crore rupees. The JP Associates may use the proceed from deal to reduce their debt. The size of deal is claiming that it is the biggest deal of the country in infra sector, if we eliminate telecom sector which had already seen such deals.