OREANDA-NEWS. On 21 August 2008 was announced, that the branch of IJSC Ingosstrakh in St. Petersburg entered a CAR/EAR and liability insurance contract with OOO Rusengineering to cover the risks and liability that may arise during the reconstruction of high-frequency channels, protection relays and emergency control schemes at a 220KV substation of the Sverdlovsk power main. The expected delivery of the project is in December 2009.

The insured amount is RUR 216,217,000. The insurance policy covers all risks, including third-party liability of OOO Rusengineering. ‘Ingosstrakh and OOO Rusengineering have been partners since the beginning of 2008’, says Andrey Alexandrov, Director of IJSC Ingosstrakh in St. Petersburg.  ‘This is our second contract. Our client provides reliable power supply to thousands consumers and dozens of operations. We, in our turn, provide the company with the guaranteed level of financial reliability.’