No. That is the actress who will star in the reboot.
To answer Russ' question, I think they're trying to see if they can make it even suckier:
Inspired by the 1980s TV show of the same name, The Greatest American Hero centers around Meera, a 30-year-old woman who loves tequila and karaoke and has spent her life searching and failing to find meaning, much to the chagrin of her traditional Indian-American family. An inexplicable event occurs that will change the course of Meera’s life forever: She is entrusted with a super suit to protect the planet. Meera may have finally found purpose, but the world has never been in more unreliable hands.