Section 15(1)(a) in The Konkan Irrigation Development Corporation Act, 1997
(a)the assigned projects of Corporation and their assets comprising movables and immovable including Irrigation Projects, Hydro Electric Power Projects, works under construction, specified in that behalf, situated in the area of operation of the Corporation, which immediately before the appointed date vested in the State Government and were under the control of the Irrigation Department, shall vest in and stand transferred to the Corporation, and all income derived and expenses incurred in that behalf be brought on books of the Corporation;