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517035 RIR Power Electronics News Story

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India's RIR Power Electronics up after production expansion deal with Taiwan co

** Shares of RIR Power Electronics RIRL.BO rise 5% to exchange-allowed maximum of 2,873.90 rupees

** Electrical equipment maker expands manufacturing of 1200V silicon carbide diodes in partnership with Taiwan's Pro Asia Semiconductor Corp

** Silicon carbide diodes produced at Pro Asia Semiconductor Corp's fabrication facility in Taiwan have been shipped to India and validated to meet global industry standards

** Stock set to gain for fifth straight session

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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