It is notified for general information that enterprise/industrial undertaking, listed at para (3) below has 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 2002-2003, 2003-2004 and 2004-2005.
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: –
3. The enterprise/industrial undertaking approved is –
M/s Vemagiri Power Generation Ltd, 1005, 10th Floor Dalamal Towers, 211, Free Press Colony, Journal Marg, Nariman Point, Mumbai-400021 for their project 520 MW gas based power project at Vemagiri, East Godavari District, Andhra Pradesh (F.No 205/5/2002-ITA-II)
