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Notification: 11268
Section(s) Referred: s. 10(23G) ,r. 2E ,r. 2E(7)
Statute: INCOME TAX
Date of Issue: 14/3/2000
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 IT Act, 1961, read with rule 2E of the Incometax 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 Income-tax 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) 1×210 MW Sanjay Gandhi Thermal Power Station (Unit 2) at Birsinghpur Pali, M.P., 2×210 MW Sanjay Gandhi Thermal Power Station (Units 3 & 4) at Birsinghpur Pali, M.P., 2×10 MW Bansagar Hydel Electric Project IV at Jhinna, Distt. Satna, MP, 3×15 MW Rajghat Hydel Electric Project at Chanderi, Distt, Guna, MP, 3×40 MW Hasdeo Bango Hydro Electric Project at Machadoli, Distt. Bilaspur, MP, 1×850 KW Korba Mini Macro Hydel Electric Project at Bilaspur, MP, 3×600 KW Chambal Mini Macro Hydel Electric Project at Morena, MP, 2×500 KW Satpura Mini Macro Hydel Electric Project at Betul, MP, 1×250 KW Tilwara Mini Macro Hydel Electric Project at Seoni, MP, 1×250 KW Chargaon Jatlpura Mini Macro Hydel Electric Project at Seoni, MP and 2×1200 KW Bimgarh Mini Macro Hydel Electric Project at Seoni, MP of M/s Madhya Pradesh State Electricity Board, Post Box No. 34, Jabalpur, Madhya Pradesh. (F. No. 205/98-ITA-II).
(ii) 2×250 MW Coal Based Power Project at Goindwal Sahib, Punjab of M/s GVK Power (Goindwal Sahib) Limited, Kohinoor, Road No. 1, Banjara Hills, Hyderabad-500034. (F. No. 205/125/99-ITA–II).
(iii) Expansion and Development of Dhamra Port on BOOST basis by M/s Dhamra Port Company Private Limited, 133, Surya Nagar, Bhubaneshwar-751003, under the agreement dated 2nd April, 1998 between Government of Orissa and M/s International Seaport Pte. Ltd. (F. No. 205/166/99-ITA-II).
(iv) 367 MW(Gross) Combined Cycle Captive Power Plant at Dolvi, Distt, Raigad, Maharashtra of M/s Ispat Energy Limited, “Nirmal”, 7th Floor, Nariman Point, Mumbai-400021. (F. No. 205/183/99-ITA-II).
(v) 500 MW Lignite-based Thermal Power Station at Jayamkondam, Distt. Perambulur, Tamil Nadu of M/s Jayamkondam Power (P) Ltd. No. 38, Dr. Karuppiah Nagar, Jayamkondam, Udayapalayam Taluk, Perambulur Distt. Tamilnadu-621802 (F. No. 205/190/99-ITA-II).
(vi) Construction of Six Bridges across the rivers Manneru, Palleru, Musi, Gundlakamma, Mudigonda on NH 5 along with Minor Bridge at KM—273/6 under BOT scheme by M/s PVR Industries Ltd. 6/3/249/2/A, PVR Chambers, Banjara Hills Main Road, Hyderabad-500034, under the agreement dated 9th April, 1997 between President of India, Governor of Andhra Pradesh, M/s P.V. Raj & Co. and M/s P.V.R. Industries Ltd. (F. No. 205/168/99-ITA-II).
(vii) Formation of Mini Bye-pass Road to Eluru Town under BOT Scheme by M/s P.V.R. Industries Ltd. 6-3-249/2/A, P.V.R. Chambers, Banjara Hills Main Road, Hyderabad-500034, under agreement dated 2nd November, 1997 between Governor of Andhra Pradesh, M/s P.V. Raj & Co. and M/s P.V.R. Industries Ltd. (F. No. 205/168/99-ITA-II).
(viii) 4×4 MW Bhoothathankettu Hydro Electric Project at Ernakulam Distt. Kerala and 2×3.3 MW Periyar-Vaigai Hydro Electric Project in Vairavanar Barrage-1, Tamil Nadu of M/s Silical Metallurgic Limited, 473-J, Ramanuja Nagar, Uppilipalayam Post, Coimbatore-641015 (F. No. 205/169/99-ITA-II).
(ix) 5 MW Natural Gas based Thermal Power Project at Nallur in Tiruvarur Distt., Tamil Nadu of M/s Southern Energy Development Corporation Ltd. TIAM House, V Floor, 28 Rajaji Salai, Chennai-600001 (F. No. 205/158/99-ITA-II)
(x) 156.1 MW Gas-based Combined Cycle Power Project at Hazira, Distt. Surat, Gujarat of M/s Gujarat State Energy Generation Ltd. Block-15, 3rd Floor, Udyog Bhawan, Sector-11, Gandhinagar-382011 (F. No. 205/188/99-ITA-II).
[F. No. 205/6/98-ITA-II & Ors.]

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