Page 175 - CW E-Magazine (3-6-2025)

Special Report

Mr. Romesh Kumar Sharma
Mr. N.M. Madhekar usage and costs. AI can also predict Nurturing Innovations Catalyzing
ration (or vice versa). While batch performance, identify potential issues, Entrepreneurship (NICE)
plants are fl exible, they are less and inform strategic decisions for Dr. S.M.S. Reshamwala, Coordinator,
effi cient than continuous plants. smooth engineering and faster delivery. ICT-NICE Venture Incubator and Foun-
 Use appropriate contact devices, dation, highlighted the facilities and
such as trays and packings. While On the procurement front, Mr. Sharma services provided by the incubator
trays are resistant to fouling, they noted that AI can analyse supplier data located within the premises of the
have higher pressure drops. enabling fi rms to choose most reliable Institute of Chemical Technology (ICT),
 Install robust instrumentation and and cost effective options to cut cost Mumbai. These encompass mentoring,
control systems. and improve project budget. AI can also offi ce space and laboratory facilities, as
 Replace, repair or modify underper- assess supplier risk, enabling fi rms to well as access to networking and fund-
forming equipment. proactively address potential disrupts raising opportunities.
 Use heat recovery systems, such and ensure project continuity for reli-
as multi-pressure distillation and able operations.
mechanical vapour recompression.
 Re-evaluate operating process and From a construction perspective,
parameters. AI can predict equipment failures,
allowing timely maintenance, reducing
Future-proofing EPC by leveraging AI downtime and keeping projects on
Mr. Romesh Kumar Sharma, BU tracks, improving overall workfl ow
Head, Energy & Infrastructure, Nuberg effi ciency. It can also monitor the con-
Engineering, noted that the EPC indus- struction site in real-time, enhancing
try is evolving rapidly, infl uenced by safety, preventing accidents and
technology, and Artifi cial Intelligence minimizing liabilities for construction
(AI) is key to staying competitive and companies.
innovative.
Mr. Sharma urged EPC companies
AI’s integration, he added, enhances to start with small AI pilot test pro- Dr. S.M.S. Reshamwala
effi ciency, reduces costs and improves jects to test feasibility, validate benefi ts Pre-incubatees at the centre are
accuracy, leading to projects delivered and gain experience. “AI promises in- focussed on healthcare & biomedi-
on time and within budget. AI algo- creased effi ciency, reduced costs and cal devices; agriculture & rural de-
rithms, he noted, analyse vast datasets improved project outcomes, making velopment; food processing; waste
to generate optimal designs that meet EPC more competitive for business of management; and clean & potable
specifi cation while minimizing material all sizes.” water.

Chemical Weekly June 3, 2025 175

Contents Index to Advertisers Index to Products Advertised