HEAT olive oil in 4-qt. pot over medium-high heat and cook corn, onion and red pepper, stirring frequently, until vegetables are softened, adding chili powder and chipotle chili powder during the last minute. Stir in tomato paste and cook, stirring, until slightly darkened, about 1 minute.
ADD water, Knorr® Fiesta Sides™ - Spanish Rice, beans and tomatoes and bring to a boil over medium-high heat. Reduce heat and cook, covered, stirring occasionally, 7 minutes or until rice is tender.
COMBINE sour cream, cilantro and lime juice in small bowl and serve with chili.