Yes, it is a good college for B.Tech programme and offers good placements. 

According, to careers 360 ratings it has AAA+ ratings which means Good.

Ratings are based on Placements, Faculty, Cut-offs of national / state level Entrance exams, Accreditation and Reward status and Publication record from Elsevier’s indexing database - Scopus

To check top colleges in Punjab you can refer below

Indian Institute of Technology Ropar

Thapar University, Patiala

Dr B R Ambedkar National Institute of Technology Jalandhar

Guru Nanak Dev Engineering College, Ludhiana

Good Luck!!