NTPC terminates contract with Punj Lloyd

NTPC has terminated the contract with Punj Lloyd of worth Rs 210 crore due to poor performance.  Earlier, the private firm had won the contract from NTPC for civil work of a 750 MW thermal power project in Bongaigaon district of Assam in 2011.  Punj Lloyd's scope of work in the contract entailed underground and over ground civil, architectural and structural work for the main plant etc and construction of the administration building and auditorium. NTPC is the largest power generating company in the country. It has also diversified into hydro power, coal mining, power equipment manufacturing, oil & gas exploration, power trading & distribution.