Industrial and Energy Insurance Plc, said it has paid $1.3m as claims to Niger Delta Power Holding Company Limited(Sapele Power Plant).
According to information made available to newsmen the claims were indemnifications for the loss from high tunnel load temperature defects with GT1 and GT2 especially the generator circuit breaker for those units.
The management of the company through its Managing Director, Mr. Peter Irene, reveals the commitment of the company to upholding the core values of proficiency, integrity, innovation, dependability and friendliness.
” Todays business is run by good corporate governance transparency and doing what you say. These are the values that will earn customer trust and loyalty” ,he added.