L&T arm bags Rs 1,680-cr orders from Pune Municipal Corp

Larsen & Toubro (L&T) today said its construction arm has won orders worth Rs 1,680 crore from Pune Municipal Corporation. In a regulatory filing L&T said its water and effluent treatment business has bagged orders worth Rs 1,680 crore from Pune Municipal Corporation for study, survey, investigation, assessment, design validation and revamping of the entire water supply system for Pune. The scope of the project includes supply, laying, testing and commissioning of water transmission pipelines, optical fiber cable ducts, construction of sumps & house service connections along with water audit, non-revenue water reduction, bill reading & generation and other associated electromechanical & instrumentation work. Shares of the company were trading at Rs 1,306.15 apiece, down 1.64 per cent, from the previous close on BSE.