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Joint Power Generation Committee – 18 November 2025

  • Compliance: Reminder to adhere strictly to competition law.
  • Previous Minutes: September minutes approved.
  • Matters Arising: Obsolescence clause update circulated; awaiting feedback from wordings team.
  • Market Issues/Claims: Multiple global losses reported, including turbine, smelter, bio-gas, transformer, CSP, solar, hydro, and BESS incidents. Emphasis on diligence in slip reviews and clause circulation.
  • Renewables Committee: No meeting since last update; further information expected.
  • AOB: Brazilian law changes presentation scheduled
  1. caution urged on PPL discrepancies and engineering fees.
  2. Committee election window open
  3. clarification sought on MGA stance of the LMA and Lloyd’s .