NTPC Ltd has informed the BSE that in the commercial interest of the Company, Board of Directors in its meeting held on 23.12.2014 had decided to terminate the contract of Technopromexport (TPE), Russia for Main Plant Package, Part - A (Steam Generator and Auxiliaries) for Barh, Stage-I. Notice of Default has been served on TPE on 24.12.2014. The decision has been taken to facilitate completion of work.