The construction arm of Larsen & Toubro (L&T) has won orders worth Rs 16.80 billion.

The water and effluent treatment business of L&T Construction has secured EPC orders worth Rs 16.80 billion from Pune Municipal Corporation for 'Study, Survey, Investigation, Assessment, Design Validation and Revamping of the entire Water Supply System for Pune City.'

Pune Municipal Corporation has launched an ambitious plan to transform the prevailing intermittent water supply into 24X7 pressurized water supply and to implement 100% smart metering covering every household of Pune City over the next 5 years. The scheme envisages to substantially reduce the Non-Revenue Water (NRW) of the city by plugging losses and upgrading the entire water supply system. Pune is the first metropolitan city in India that will execute a project of this nature at such a large scale.

''We are delighted to have bagged this very prestigious order which has the potential to be a game-changer in the realm of water infrastructure development,'' said S. Rajavel, Senior Vice President & Head -Water & Smart World Communication, L&T Construction.

''With potable water becoming increasingly scarce globally, Pune city is leading the way with this ambitious project which also reaffirms our status as one of the foremost providers of vital water infrastructure in the country.''

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, SCADA, bill reading & generation and other associated electromechanical & instrumentation works.

Shares of the company declined Rs 12.1, or 0.91%, to trade at  Rs 1,315.85.  The total volume of shares traded  was  10,344 at the BSE (9.38 a.m., Monday).