TV
The Government of Odisha, through its Electronics & Information Technology Department, has formally approved fiscal assistance for Phase 1 of RIR Power Electronics Limited’s ambitious Silicon Carbide (SiC) semiconductor manufacturing project in the state.
The Odisha Computer Application Center (OCAC), the nodal body overseeing implementation under the Electronics & IT Department, has issued a notification for the fiscal support agreement, allowing pro-rata disbursement of capital subsidy for the ongoing project.
The project, with a total investment of approximately Rs 618 crore, had received clearance from the State-Level Single Window Clearance Committee (SLSWCC) and approval from the state cabinet in the previous fiscal year. The current phase has seen a capital outlay of Rs 65 crore, making the company eligible for a capital subsidy of Rs 32 crore under the state’s policy.
First-of-its-Kind SiC Semiconductor Facility:
The facility is touted as the first of its kind in the state, with the potential to transform India’s presence in the high-performance semiconductor space. It will manufacture high-voltage Silicon Carbide components such as MOSFETs, IGBTs, and diodes ranging from 3.3 kV to 20 kV.
These components are critical for a range of applications including:
• Electric Vehicles (EVs)
• Renewable Energy and Power Grids
• Industrial Automation
• Advanced Power Electronics
Speaking on the development, Dr. Harshad Mehta, Chairman and Director of RIR Power Electronics, said: “We extend our sincere gratitude to the Government of Odisha for their visionary support. This initiative enables us to bring modern semiconductor manufacturing to the state, while also contributing to innovation, employment, and India’s energy efficiency goals.”
Boost to Make in India & Energy Efficiency:
Silicon Carbide semiconductors are known for their energy efficiency and reliability in high-power applications. Their deployment is expected to improve system performance across industries while also enabling greater energy savings and sustainability.
This project marks a significant step in Odisha’s growing role in the national electronics manufacturing ecosystem and aligns with the Centre’s Make in India initiative. Once operational, the facility is expected to enhance India’s semiconductor manufacturing capabilities and reduce import dependency in critical components.
