India Grid Trust (BSE:540565) is in advanced discussions to acquire India portfolio of Fotowatio Renewable Ventures, B.V. in a deal worth INR 7.50 billion. FRV, owned by Abdul Latif Jameel Energy and Environmental Services, owns a 135 megawatt (MW) solar power project in Andhra Pradesh. Mail sent to FRV did not elicit any response till press time while an IndiGrid spokesperson declined to comment.