The company, however, has not disclosed the contract size in monetary terms as well as the reasons for termination.
"The Company has initiated the legal process to protect its interest fully," it said in a filing to the BSE.
Punj Lloyd also termed the termination as unlawful saying, "It believes that the action of the Client is unlawful and not in accordance with the contract."
The contract was awarded for laying of fourth transmission pipeline by PTT Public Company Ltd, Thailand.
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