Investment2 Sept 2025, 01:50 pm
RIR Power Electronics Ltd Receives Rs. 32.56 Crores Capital Subsidy from Odisha Government
AI Summary
RIR Power Electronics Ltd has announced that it has received a Capital Subsidy / Fiscal Support Incentive of Rs. 32.56 Crores from the Government of Odisha. This subsidy is for the Phase I - Silicon Carbide Manufacturing Plant in Bhubaneswar, Odisha.
Key Highlights
- RIR Power Electronics Ltd has received a Capital Subsidy of Rs. 32.56 Crores from the Government of Odisha.
- The subsidy is for the Phase I - Silicon Carbide Manufacturing Plant in Bhubaneswar, Odisha.