RIR Power Electronics Limited has received strong support from the Government of Odisha to establish its Silicon Carbide (SiC) semiconductor manufacturing facility in Bhubaneswar.
Government Support for Phase 1
The Electronics & Information Technology Department of Odisha, through the Odisha Computer Application Center (OCAC), has approved fiscal support for Phase 1 of the project. This support comes in the form of a capital subsidy agreement, which allows pro-rata disbursement of the subsidy.
Earlier, the State-Level Single Window Clearance Committee (SLSWCC) had already granted approval for the facility. This latest subsidy approval strengthens the government’s commitment to the project.
Project Investment and Subsidy
The total project cost for both Phase 1 and Phase 2 is estimated at ₹618 crore.
- Phase 1 will involve a capital expenditure of around ₹65 crore.
- The eligible government subsidy for this phase stands at approximately ₹32 crore.
Leadership Statement
Dr. Harshad Mehta, Chairman & Director of RIR Power Electronics, expressed his gratitude towards the state government. He said:
“This forward-thinking support empowers us to introduce advanced technologies and manufacturing capabilities to the state. The development of this facility is a milestone for innovation, job creation, and energy-efficient solutions in electric vehicles, renewable energy, and power electronics across India.”
Focus on High-Power Semiconductor Manufacturing
The upcoming SiC semiconductor facility will specialize in producing:
- High-power SiC MOSFETs
- IGBTs
- Diodes
These products will feature voltage ratings ranging from 3.3 kV to 20 kV. They will serve industries such as:
- Electric vehicles (EVs)
- Renewable energy
- Power grids
- Industrial automation
Importance of SiC Semiconductors
SiC semiconductors are well known for their high performance and energy efficiency. By manufacturing these components locally, the facility will:
- Strengthen India’s manufacturing capacity
- Drive sustainable industrial growth
- Support advanced power-based technologies
Aligned with “Make in India”
This project aligns closely with India’s “Make in India” initiative. It is expected to play a significant role in boosting the country’s semiconductor industry while contributing to job creation and technological leadership.