power electronics

Govt of Odisha Approves Fiscal Support for Phase 1 of RIR Power Electronics’ SiC Semiconductor Plant in Bhubaneswar

The government of Odisha has approved fiscal support for RIR Power Electronics Limited for its Silicon Carbide (SiC) semiconductor manufacturing facility. The Odisha Computer Application Center (OCAC) approved the pro-rata disbursement of a capital subsidy for the project, which has a total cost of ~₹618 crore for both phases.