MARSONS LIMITED Enters Renewable Energy Sector with Capex of 2.5 Crores and Potential 30-40% Revenue by FY27

MARSONS LIMITED, historically focused on the Transmission and Distribution (T&D) Transformer segment, is diversifying into the renewable energy sector. The company's primary focus in this segment is towards supply of special type transformers used in Solar and Wind Power Plants, specifically Inverter Duty Transformers and Generator Step-Up Transformers. The company plans to incur a capex of around 2.5 Crores over the next 3 months, which is expected to contribute 30-40% of revenue by FY27. Additionally, the company is exploring solar power generation plant development in technical collaboration with Aditya Clean Energy Systems (P) Ltd. A Letter of Intent has been received for a 150 MW Solar Power Generation Plant, which is currently at a preliminary stage and subject to cancellation risk.