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Coronavirus to be Covered Under Force Majeure Clause, Says Ministry of Finance

The deadly virus has killed thousands in the world’s biggest solar market - China

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Amid the increasing doubt on the supply chains due to the spread of deadly coronavirus in China, the Ministry of Finance (Department of Expenditure Procurement Policy Division) has issued a clarification that coronavirus will be covered in the force majeure clause (FMC) and should be considered as a case of natural calamity. Further, the ministry has stated that this clause can be invoked wherever appropriate.

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