** 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;))