A power transfer assembly for an engine is provided. The power transfer assembly includes a first flywheel coupled to a crankshaft of the engine. The power transfer assembly includes a second flywheel selectively coupled to the first flywheel. The power transfer assembly also includes a first transmission unit coupled to the first flywheel and the second flywheel. The first transmission unit is adapted to selectively transfer mechanical power between the first flywheel and the second flywheel. The power transfer assembly further includes a second transmission unit coupled to the first transmission unit, the second flywheel, and an engine accessory. The second transmission unit is adapted to selectively transfer mechanical power between any one of the first transmission unit and the second flywheel, and the engine accessory.