Bharat Heavy Electricals Ltd (Bhel), state-owned capital goods company, is looking at engineering, procurement and construction (EPC) contracts and urban transport projects such as Metro rail to offset dwindling revenues from its mainstay boiler, turbine and generator (BTG) business. The company aims to double turnover to Rs1 lakh crore by fiscal 2017 from the Rs48,000 crore clocked in the last fiscal. “Bhel is diversifying into related and unrelated fields for increasing its turnover. Related activities such as strengthening its EPC arm will play a pivotal role in achieving the topline growth,” Ambuj Sharma, joint secretary, heavy industries and public enterprises ministry, told DNA Money. ref: http://www.dnaindia.com/money/report_hit-by-btg-bhel-seeks-epc-metro-boosters_1747737