RIR Power Electronics completes SiC epitaxial reactor installation at Odisha facility
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RIR Power Electronics has finished installing SiC Epitaxial Wafer Manufacturing Reactors at its Bhubaneswar, Odisha facility. This is part of a phased Rs 618 crore investment to build India's first vertically integrated SiC semiconductor facility. Power connections and utilities are commissioned. Commercial production awaits remaining statutory and regulatory clearances. The facility will produce SiC epitaxial wafers for domestic and global markets, serving EV, renewable energy, defence and data centre sectors.
Major capex milestone for RIR's first vertically integrated SiC facility. Commercial production awaits regulatory clearances, the next key trigger for revenue.