The Oriental Insurance Company Limited has bagged the comprehensive project insurance of the Tata Power Project at Mundra in Gujarat. It is first of the series of Ultra Mega Power Plants coming up in the country. Oriental Insurance has been able to secure the insurance of this large and prestigious project, with its unique and never before features, in the face of very stiff competition. The Reinsurance support to this project, which has been overwhelming, has surpassed all expectations and has even been oversubscribed. The Reinsurance Brokers involved in the finalizing of the covers are AON Global Insurance Services Pvt. Ltd. The preliminary work on the project has already commenced and the project is expected to be fully commissioned by 2012.
Thursday, April 24, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment