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Notification: 11209
Section(s) Referred: s. 10(23G) ,r. 2E ,r. 2E(7)
Statute: INCOME TAX
Date of Issue: 19/1/2000
It is notified for general information that enterprises/industrial undertakings, listed at para (3) below have been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 1999-2000, 2000-2001 and 2001-2002.

2. The approval is subject to the condition that :
(i) the enterprise/industrial undertaking will conform to and comply with the provisions of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962;
(ii) the Central Government shall withdraw this approval if the enterprise/industrial undertaking :
(a) ceases to carry on infrastructure facility; or
(b) fails to maintain books of account and get such accounts audited by an accountant as required by sub-rule (7) of rule 2E of the IT Rules, 1962; or
(c) fails to furnish the audit report as required by sub-rule (7) of rule 2E of the Income-tax Rules, 1962.
3. The enterprises/industrial undertakings approved are :
(i) 116 MW Combined Cycle Cogeneration Power Plant at Haldia, West Bengal of M/s HPL Cogeneration Limited, 3B Shakespeare Sarani, Calcutta-700071. (F. No. 205/143/99-ITA-II)
(ii) 3 x 20 MW Rangit Hydro Electric Project, Sikkim and 3×130 MW Dulhasti Hydro Electric Project, J&K of M/s National Hydro Electric Power Corporation Ltd., NHPC Office Complex, Sector-33, Faribadad – 121003. (F.No. 205/49/98-ITA-II)
(iii) Development, construction, commissioning, operation and maintenance of 30 MLD Borai Industrial Growth Centre Water Supply Project on B.O.O.T basis by M/s Radius Water Ltd., 57-58, Vardhnan Nagar, Great Eastern Road, Rajnandgaon-491441, Madhya Pradesh, under the agreement dt. 5th October, 1998 between M.P. Aydyogik Kendra Vikas Nigam (R) Ltd. Raipur including State of Madhya Pradesh and M/s Radius Water Ltd. (F.No. 205/147/99-ITA-II)
(iv) 2×750 KW Mini Hydel Power Plant at 2nd Mile on Ongole Branch Canal in Darsi village, Krakasham Distt, Andhra Pradesh of M/s SKJ Power Projects Limited, Plot No. 14, Krishna Nagar Colony, Picket, Secunderabad-500009 (F.No. 205/154/99-ITA-II)

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