New Delhi, June 5 -- At least eight companies, including Adani Group, Tata Power Ltd and Greenko Group, are eyeing a majority stake in two Uttar Pradesh electricity distribution companies in the largest such privatization in the sector, said three people aware of the developments.

Sterlite Power Ltd's Serentica Renewables, Torrent Power Ltd, ReNew Energy Global Plc, RP-Sanjiv Goenka Group's CESC Ltd, and a GMR and Electricite de France (EDF) consortium are also interested in acquiring UP government's 51% stake each in Purvanchal Vidyut Vitran Nigam Ltd (PUVVNL) and Dakshinanchal Vidyut Vitran Nigam Ltd (DVVNL), the people said on the condition of anonymity.

The request for proposal (RFP), a formal document to solicit bids, is likely to ...