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

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