Merely because some optical fibre lines or connection lines have been laid, the road cannot get converted into a plant

RELEVANT PARAGRAPH 11. We have carefully perused the agreement entered into by the assessee company with the Government of Tamil Nadu vide concession agreement dated 22-12-2000. In this agreement Article 1 deals with the definition of project as defined under:- ” Project” – means the project described in Appendix 1 which the concessionaire is required to design, engineer, procure, finance, construct, rehabilitate, repair, improve, operate, manage, maintain and transfer in accordance with the provisions of this Agreement”. When we look at Appendix I, the detail of project ar...