FilingReader Intelligence
Odisha backs RIR Power Electronics semiconductor plant
August 7, 2025 at 03:09 AM UTC•By FilingReader AI
Odisha has approved fiscal support for Phase I of RIR Power Electronics' Silicon Carbide semiconductor plant in Bhubaneswar. The total project cost is ₹618 crore, with the company eligible for government capital subsidy of ₹32 crore.
The facility will produce high-power SiC MOSFETs, IGBTs, and diodes for EVs and renewable energy industries.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:RIR•Bombay Stock Exchange
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