RIR Power Electronics to build SiC semiconductor plant in Bhubaneswar, Odisha

RIR Power Electronics Limited has received fiscal support from the Government of Odisha for Phase 1 of its Silicon Carbide semiconductor manufacturing facility in Bhubaneswar. The total project cost is approximately ₹618 crore for both phases, with Phase 1 capex of ~₹65 crore and an eligible government subsidy of ~₹32 crore.

“The project, with a total cost of ~₹618 crore for both Phase 1 and Phase 2, aims to make Odisha a hub for high-power semiconductor manufacturing.”rirpowersemi.com

• 2 sources
• rirpowersemi.comOdisha Approves Fiscal Support for RIR Power Electronics Semiconductor Plant | Make in India Initiative - RIR PowerAug 7, 2025
• rirpowersemi.comRIR Power Relaunch | India’s First Silicon Carbide Semiconductor Facility - RIR PowerSep 19, 2025

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