BHEL aims to increase non-power revenue to 40% by 2022

The state-owned power equipment major, Bharat Heavy Electricals Limited (BHEL) is aiming at doubling the non-power revenue by 2022 and the projects will be executed on a turnkey basis. The areas like municipal water, Ganga mission, solar, aerospace, defense and metro and high speed rail projects have been identified as growth drivers. "Currently, our non-power business is 20 percent and we are aiming at doubling it to 40 percent by 2022," BHEL Director Amitabh Mathur told PTI. "Unless, we take turnkey projects like we do in power, topline will not be high," he said. more at: http://www.moneycontrol.com/news/business/bhel-aims-to-increase-non-power-revenue-to-40-by-2022-2431487.html