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<h1>Power Grid Corp's Tehri Hydro Project gets tax approval under Section 10(23G) for 2002-2005, subject to compliance.</h1> M/s Power Grid Corporation of India Ltd has been approved by the Central Government under section 10(23G) of the Income-tax Act, 1961, for the assessment years 2002-2003, 2003-2004, and 2004-2005. This approval pertains to their Tehri Hydro Electric Project associated transmission system. The approval is contingent upon compliance with section 10(23G) of the Income-tax Act and rule 2E of the Income-tax Rules, 1962. The approval may be withdrawn if the company ceases infrastructure operations, fails to maintain or audit accounts, or does not submit the required audit report.