India, Aug. 7 -- The Electronics & Information Technology Department, Government of Odisha, has approved fiscal support for Phase 1 for RIR Power Electronics towards its Silicon Carbide (SiC) semiconductor manufacturing facility in Odisha.Odisha Computer Application Center (OCAC), the nodal agency for Electronics & Information Technology Department, Government of Odisha has approved and notified the fiscal support agreement for pro-rata disbursement of capital subsidy to the Company.This project was approved by the State-Level Single Window Clearance Committee (SLSWCC) and the state cabinet in last fiscal year with a total project cost of ~Rs 618 crore for both, phase-1 and phase-2.Project Financials and Status:Total project cost: Rs 618 cr...