Deals7 Aug 2025, 08:35 am
Odisha Government Approves Fiscal Support for RIR Power Electronics' SiC Semiconductor Plant
AI Summary
The Government of Odisha has approved fiscal support for Phase 1 of RIR Power Electronics' Silicon Carbide (SiC) semiconductor manufacturing facility in Bhubaneswar, Odisha. The project, with a total cost of ~₹618 crore, is expected to transform power-based technologies and drive sustainable industrial growth across the country. The facility will manufacture high-power SiC MOSFETs, IGBTs, and diodes, catering to key industries such as Electric Vehicles (EVs), Renewable Energy and Power Grid Systems, Power Electronics, and Industrial Automation.
Key Highlights
- Government of Odisha approves fiscal support for RIR Power Electronics' SiC semiconductor plant in Bhubaneswar
- Total project cost: ~₹618 crore
- The plant will manufacture high-power SiC MOSFETs, IGBTs, and diodes
- Key industries served: Electric Vehicles (EVs), Renewable Energy and Power Grid Systems, Power Electronics, and Industrial Automation
- SiC semiconductors are known for their high performance and energy efficiency