EPM announced the renewal with the insurer mapfre Seguros Generales de Colombia insurance coverage for the completed civil works of the Hydroelectric Project Ituango for a period of one year. The policy insures the works of the landfill, the dam, the camps and the substation.
In addition to the continuity of coverage, it was possible to increase the insured limit of the policy, going from $100 million to $200 million and it is expected that once the first generation unit enters into commercial operation, the electromechanical equipment and civil works necessary for it, can be included in the policy.
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The renewal process included a visit to the reinsurance market to present the progress in recovery and start-up. Secondly, EPM also renewed with the insurer Seguros Generales Suramericana SAthe Extracontractual Civil Liability insurance coverage for the project Ituango keeping the limit of $5 million, respecting the same technical conditions.
The Office of the Attorney General of the Nation announced a preliminary investigation against the mayor of MedellinDaniel Quintero, and the manager of EPMJorge Andrés Carrillo, for alleged omissions when purchasing all-risk insurance during the construction project. hydroituangoin 2021.
According to the Public Ministry, the president and the executive failed to omit the purchase of a policy for the controversial Project and for this reason it was requested to analyze the evidence in fact. In turn, the opening of an inquiry was also notified against the mayor for alleged irregularities in the execution of the contract of the Software Valley project.
These announcements generated reactions in the social media and by the national community. Within the administration of Medellin the Councilor Daniel Duque, referred to in his account Twitter to the measures taken in the case of Hidroituango, “In the last debate of 2022 I denounced it: Hidroituango was left without insurance after the collection of the policies and doubts about the amount claimed still persist”. In turn, the politician shared a document provided on the response that EPM delivered in the case.
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According to the letter, for the 24 of march of 2021it is mentioned that insurance mapfre He was directly responsible for any type of risk that the project suffered. The economic amounts for the same, were subdivided between an all-risk assembly insurance which has an insured amount of $50,000,000an insurance policy in case of sabotage or terrorism by $400,000,000merchandise transports $30 million by dispatch, coverage, national and international, dangers related to civil works that reaches the $200,000,000 and the contractual responsibilities that reached an amount of $5,000,000.
So far, the president has not referred to the announcement of the Attorney General’s Office and is waiting on the direction that the project will take, which was involved in various investigative processes.
Last 14 from December, EPM announced to the country that the first two power generation units hydroituango they had started their commercial operation. This news was expected for more than a decade, however the unit number two was reported turned off, an event that raised doubts about the operation of the hydroelectric for this year. After several hypotheses about what happened, the authorities affirmed that the unit was being cleaned and that the development of the Ituango hydroelectric project is advancing, which will cooperate with the 17% of the production of the Energy electricity in the country
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