<p>US-based Silicon Power Group will invest Rs 1000 crore ($121.73 million) to set up a 150mm silicon carbide manufacturing facility in India's Odisha state, the state's chief minister's office said late Thursday.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/business/business-news/adani-transmission-renames-itself-as-adani-energy-solutions-1241375.html">Adani Transmission renames itself as Adani Energy Solutions</a></strong></p>.<p>The company has committed to start operations in the next 18 to 24 months, the chief minister's office said in a statement. </p>
<p>US-based Silicon Power Group will invest Rs 1000 crore ($121.73 million) to set up a 150mm silicon carbide manufacturing facility in India's Odisha state, the state's chief minister's office said late Thursday.</p>.<p><strong>Also Read: <a href="https://www.deccanherald.com/business/business-news/adani-transmission-renames-itself-as-adani-energy-solutions-1241375.html">Adani Transmission renames itself as Adani Energy Solutions</a></strong></p>.<p>The company has committed to start operations in the next 18 to 24 months, the chief minister's office said in a statement. </p>