NMDC has issued a termination notice to Bharat Heavy Electricals (BHEL) as the latter has not been able to complete a Rs 1,395 crore contract awarded in 2011. The completion date of the work was February 28, 2014.
BHEL, in 2011, had bagged the Rs 1,395 crore contract from NMDC for handling raw material at its steel plant in Nagarnar, Chhattisgarh.
NMDC is a state-controlled mineral producer of the Government of India. It is fully owned by the Government of India and is under administrative control of the Ministry of Steel.
