Regulatory Disclosure

Director Profile and Experience

Mr. Rajiv Gupta brings over 35 years of extensive experience in the power and renewable energy sector. He has served as Chief Executive Officer of NTPC Green Energy Limited and NTPC Renewable Energy Limited, among the largest renewable energy developers in India. Previously, he held senior positions as Chief General Manager and General Manager at NTPC Limited, where he played significant roles in executing large and complex energy projects and strengthening organizational processes. Currently, he serves as a Consultant with Advance Corporate Advisory Private Limited, advising on matters relating to energy, infrastructure, and corporate governance.

Board Composition Context

This appointment follows the earlier induction of Mr. Debashish Sarkar, former Managing Director and Director (Technical) at Tripura State Electricity Corporation Limited (TSECL), as Additional Non-Executive Director earlier this year.

Company Background

Marsons Limited is a well-established power and distribution transformer manufacturer with nearly 70 years of manufacturing heritage. The company's capabilities span the entire value chain from design and manufacturing to supply, testing, and commissioning. They manufacture a diverse range of transformers including Power & Distribution Transformers (up to 300 MVA / 345 kV), Inter-Connecting Transformers (IDTs), Inverter Duty Transformers, Wind Turbine Generator (WTG) Transformers, Furnace Duty, Locomotive/Traction, Dry Type, and Pad-Mounted Transformers.

Manufacturing Facilities and Certifications

The Kolkata manufacturing facility is type-tested up to 160 MVA / 220 kV and features an in-house NABL-accredited impulse testing laboratory (1,600 kV / 80 kJ). The company holds vendor approvals from PGCIL and NTPC, along with ISO 9001/14001/45001, CE, and BIS certifications. The Company has recently board-approved a major capacity expansion to 400 kV / 500 MVA class.

Repair Contract Disclosure

Separately, the document includes a repair estimate submitted to Chief Engineer (O&M-I) WBSETCL, Vidyut Bhavan, Kolkata for a Marsons Make 630 kVA, 33/0.415 kV Station Service Transformer (Year of Manufacture: 2008, Serial No: 82078) received at factory premises on February 16, 2023.

Reference documents include:

  • LoJ No: Memo No. KAO/TR/Subhasgram (TR-4) dated January 31, 2023
  • Physical Joint Inspection M/3743/Repair/004/2023 dated April 11, 2023

The detailed repair estimate totals ₹127,500 broken down as follows:

1. Unloading of transformer, physical inspection of accessories, quantity of oil with tank: ₹5,000.00

2. Un-tanking of Transformer for checking of Active Part: ₹10,000.00

3. Physical checking of tank/active part with WBSETCL official: ₹25,000.00

4. Magnetic balance of HV & LV, resistance measurement for healthiness check: ₹25,000.00

5. Overall Healthiness Check of Transformer Active Part and all other parts: ₹15,000.00

6. Removal of Top yoke of core assembly: ₹7,500.00

7. Resetting of 3 LV coils with line & shorting leads after removing top yoke: ₹25,000.00

8. Resetting of top yoke: ₹10,000.00

9. Overhauling of Tank Body: ₹15,000.00

10. Supply of new sleeving and Bakelite tubes for HV Tap leads and Line Leads: ₹5,000.00

Disclaimer

The document includes standard disclaimers stating that it is for information purposes only and does not constitute any offer, recommendation or invitation to purchase securities. It also contains forward-looking statements subject to risks and uncertainties including fluctuations in earnings, ability to manage growth, competition, economic conditions, and government policies.