Sagarmatha Lumbini Insurance Pays Rs 425 Million Insurance Claim to Panchthar Power

March 18th, 2025

Kathmandu – Sagarmatha Lumbini Insurance (Salico) has settled an insurance claim of Rs 425 million to Panchthar Power Company Limited. The payment covers losses incurred under Panchthar Power’s schemes.

Salico’s Chief Executive Officer (CEO), Chunky Chhetri, handed over the payment to Panchthar Power Company Limited. The company stated that this settlement reflects its commitment to fulfilling both social and business responsibilities through timely claim payments.

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