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PESB Recommends Atul Gupta as Next CMD of EIL

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In a significant development for India’s engineering consultancy and energy infrastructure sector, the Public Enterprises Selection Board (PESB) has recommended Atul Gupta for the role of Chairman and Managing Director (CMD) of Engineers India Limited (EIL). EIL is a leading Navratna Public Sector Undertaking under the Ministry of Petroleum & Natural Gas. Gupta currently serves as Director (Commercial) at EIL. He brings decades of experience in project execution, commercial operations, and strategic business development, making him a strong contender for the top role.

Strong Competition for the Leadership Role

The selection process drew significant attention from industry observers. EIL plays a central role in sectors such as refining, petrochemicals, pipelines, infrastructure, and emerging energy transition technologies. Because of this strategic importance, the interview round attracted a highly competitive pool of candidates. Atul Gupta was chosen from a diverse set of applicants that included senior professionals from EIL, GAIL, IOCL, Bridge & Roof Company (India) Ltd., and Indian Railways. His selection reflects both his deep organisational knowledge and proven leadership capabilities.

Leadership Aligned with EIL’s Future Growth Priorities

Industry experts believe that Gupta’s appointment comes at a crucial time. EIL is expanding its capabilities in several fast-growing areas, including:

  • Clean energy and green hydrogen
  • Refinery upgrades
  • Petrochemical capacity expansion
  • Digital transformation in engineering services

Gupta’s leadership is expected to help EIL strengthen its standing as a global engineering consultancy and support India’s broader energy transition goals.

Appointment Awaiting Final Approval

As reported by indiapsu.com, the final appointment will take place after clearance from the Appointments Committee of the Cabinet (ACC). Once approved, Atul Gupta will lead EIL during an important phase marked by new business opportunities, technology advancements, and a rapidly changing energy landscape.

Fitch Reports Minimal Risk to Indian OMCs from Russian Oil Sanctions

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US sanctions on Rosneft and Lukoil, along with the EU’s ban on refined products made from Russian crude, are unlikely to materially impact the margins or credit profiles of India’s state-run oil marketing companies (OMCs), according to Fitch Ratings.

However, Fitch noted that the actual impact will depend on how long the sanctions remain in place and how strictly they are enforced. Between January and August 2025, Russian crude accounted for around one-third of India’s oil imports, and its discounted prices have supported OMC profitability.

Indian Refiners Expected to Comply with Sanctions

Fitch expects Indian OMCs to largely adhere to the latest sanctions, although some refiners may still source Russian barrels that remain outside the sanctions list. India, once primarily reliant on Middle Eastern oil, shifted significantly toward Russian supplies after the February 2022 Ukraine invasion. The combination of Western sanctions and reduced European demand pushed Russian crude to India at deep discounts, causing imports to surge from less than 1% to nearly 40% in a short period.

Last month, the US imposed sanctions on Rosneft and Lukoil, which together supplied 75% of India’s Russian oil imports. While state-run refiners have stopped dealing with these producers, other Russian suppliers can continue selling.

Refining Margins Expected to Stay Resilient

According to Fitch, the sanctions could tighten global demand for products linked to the affected crude grades. This shift may widen refined product spreads, helping offset the loss of discounted Russian barrels. Refiners that continue to process Russian crude may also benefit from sharper discounts. Fitch added that ample global crude supply should keep oil prices under control. The agency expects Brent crude to average USD 70 in 2025 and USD 65 in 2026.

Greater Risk for Private Refiners with EU Exposure

Private refiners with strong EU market exposure may face higher compliance risks. Tracing the exact origin of crude becomes more complex once grades are blended. To manage this, these companies may need to:

  • Shift exports to alternative markets
  • Modify crude sourcing strategies
  • Invest in better traceability systems

OMC Financial Performance Remains Stable

Indian OMCs reported EBITDA broadly in line with or slightly above expectations in the first half of FY26. This performance was supported by softer crude prices and strong gasoil spreads.
Gross refining margins (GRMs) averaged USD 6–7 per barrel, compared with USD 4.5–7 per barrel in FY25. Fitch expects GRMs to remain close to mid-cycle levels of around USD 6 per barrel in FY27, driven by steady domestic fuel demand and high refinery utilisation rates.

Government Support Strengthens Liquidity

A government-approved ₹30,000 crore support package for Indian Oil, Bharat Petroleum, and Hindustan Petroleum in the second quarter of FY26 will help offset losses from selling subsidised LPG. This funding is also expected to improve liquidity. As reported by msn.com, Fitch noted that the Issuer Default Ratings of all three OMCs remain strong due to robust state linkages and a high likelihood of sovereign support when required.

Rely Chosen to Deliver FEED for Verso Energy’s DEZiR eSAF Project

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Rely and Verso Energy announced that Rely will deliver the Front-End Engineering Design (FEED) for the DEZiR eSAF project in Petit-Couronne, Normandie, France. This decision follows the Memorandum of Understanding signed earlier this year. It also marks a major milestone in the project’s technical development, giving the clarity needed to de-risk the project and move confidently toward EPC execution.

As the first industrial-scale eSAF project in France to reach the FEED stage—and one of the most advanced in Europe—DEZiR highlights the growing importance of innovative technologies that support aviation decarbonization.

Announced During Choose France Event

The announcement was made during the Choose France event, which showcases the country’s commitment to innovation and investment. The DEZiR project stands out as a major investment in France’s energy transition. It also reinforces the nation’s role in expanding the e-Fuels sector and strengthening local expertise.

Supported by European Innovation Fund and France 2030

The 2024 European Innovation Fund and the France 2030 investment program have selected DEZiR to advance industrial decarbonization. The project builds a standardized, replicable Methanol-to-Jet production platform designed to lower the levelized cost of sustainable aviation fuel through innovation, standardization, and scalability.

Advancing Global e-Fuels Production

As per the press release, the DEZiR plant is part of a wider initiative by Verso Energy to develop seven e-Fuels production facilities worldwide in partnership with Rely. Together, these sites are expected to produce over 500,000 tons of sustainable aviation fuel (SAF) every year, offering up to 90% lower lifecycle emissions compared to conventional jet fuel.

Leadership Perspectives

Antoine Huard, CEO of Verso Energy, said, “We are on track to meet the 2030 targets for eSAF in aviation. Starting the FEED of the DEZiR project is a critical step and a major investment. By partnering with Rely, we are using their experience in large-scale industrial projects and their focus on standardization and innovation.”

Damien Eyriès, CEO of Rely, added, “The FEED award reflects the strong partnership between Rely and Verso Energy. It highlights our expertise in Power-to-X integration and our ability to deliver innovative, scalable, and competitive solutions. We are proud to support a project that accelerates aviation decarbonization and strengthens France’s leadership in the global e-Fuels market.”

PolyTHF® Technology from BASF Now Available for Licensing

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BASF will begin offering licenses for its state-of-the-art polytetrahydrofuran (PolyTHF®) 1800 production technology to clients and partners across the Asia Pacific region. The company is a global leader in PolyTHF technology, supported by three major production sites in Caojing, China; Ludwigshafen, Germany; and Geismar, USA.

Driving Innovation Through Technology Licensing

Abhisek Chakrabarti, Director of Strategy, Projects and Licensing, Intermediates Asia Pacific at BASF, highlighted, “In today’s highly competitive world, where innovation is no longer an option but a necessity, technology licensing can drive new growth in industries such as textiles. By licensing our proprietary PolyTHF 1800 technology, we aim to reshape collaboration, create synergies, and unlock value for both our clients and BASF.” The new licensing opportunity reflects BASF’s broader commitment to strengthening partnerships and enabling future-ready manufacturing capabilities.

Essential Material for High-Performance Textiles

PolyTHF is a key raw material used to produce elastic spandex and elastane fibers. These fibers are essential in a wide range of textiles, including:

  • Sportswear
  • Swimwear
  • Underwear
  • Shirts
  • Stretch denim

Because of its excellent elasticity, PolyTHF ensures long-lasting comfort. As per the press release, in addition, the resulting fibers remain resistant to moisture and microbes, making them ideal for performance-oriented garments. PolyTHF® is a registered trademark of BASF.

Navigating the Roadblocks in Low-Carbon Chemical Manufacturing

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Abstract

The chemical industry faces growing pressure to decarbonise amid rising energy costs and regulatory scrutiny. Transitioning to renewables, cleaner fuels, and energy-efficient processes is critical. Strategic integration of these measures enhances competitiveness, resilience, and sustainability, positioning companies to thrive in a carbon-constrained global economy.

Introduction

The chemical industry is, by its nature, energy-intensive. Energy sits at the heart of how chemicals are produced, be it high-temperature reactions or complex separations. For decades, fossil fuels made this dependence viable and manageable. Today, on the other hand, reliance on conventional sources of energy is under duress from many sides: rising energy prices, climate commitments, and a global shift toward carbon disclosure frameworks such as the Task Force on Climate-Related Financial Disclosures (TCFD).

Energy, once taken for granted as an input, is now becoming the make-or-break factor for competitiveness. Companies are being asked not only how much they produce, but how sustainably they do it. Investors, regulators, and customers are scrutinising energy footprints as closely as they check product quality. In this landscape, low-carbon manufacturing is no longer a side project. It is central to how the sector will stay competitive and resilient in the decade ahead.

Moving from Fossil Fuels to Renewables: Change is Underway

For most of its history, the chemical sector has relied on thermal power from coal, furnace oil, and natural gas. These fuels provided steady and predictable energy for processes involving high levels of heat. But they also left companies exposed to volatile fuel prices and the rising scrutiny on emissions. The search for alternatives has now become mainstream.

Renewable energy contracts are beginning to reshape the industry’s power mix. Companies are signing power purchase agreements for hybrid solar-wind capacity. The appeal is twofold: lower emissions and greater insulation from the volatility of fossil fuel markets. Admittedly, the capital expenditure is significant upfront, but the return on investment comes in the form of stable, predictable energy costs.

Industry leaders increasingly note that the first two or three years of transition can be difficult, but after that, the benefits compound quickly. Once renewable energy infrastructure is in place, operating expenses drop, emissions profiles improve, and companies gain credibility with both regulators and investors. What once felt like a compliance cost turns out to be an investment in long-term competitiveness.

Exploring Cleaner Fuels: Biomass, Biogas, and Hydrogen

Electricity is often mistaken for energy. The former is only one part of the chemical industry’s energy equation. Many processes, especially those requiring very high heat, still rely heavily on fuels. Here, though not without challenges, alternatives are emerging.

Biomass-based briquettes have already made their way to cogeneration plants, offering a renewable substitute for coal. Some companies are also in the process of conducting trials to use compressed biogas to replace natural gas in smaller-scale operations. These pilots are encouraging, proving that circular fuel sources can work in practice. The stumbling block, however, is consistency. Biomass supply chains are fragmented, logistics can be costly, and biogas requires stable sourcing arrangements that are not yet fully developed.

Hydrogen is often spoken of as the fuel of the future. For chemical plants that need extremely high temperatures, green hydrogen offers a theoretically ideal solution: clean, abundant, and versatile. But the economics are still unfavourable, and the infrastructure is nascent. Early-stage discussions are underway across the industry, signalling intent but not yet translating into large-scale adoption.

The takeaway is clear: diversification is essential. No single fuel alone will replace fossil inputs across the board. Companies need to create a portfolio of cleaner fuels, each matched to the specific energy demands of their own processes. This pragmatic approach is more likely to succeed than betting on one ‘silver bullet’ technology.

Efficiency as the Invisible Fuel

Renewables and alternative fuels are the visible face of low-carbon manufacturing; efficiency is the invisible one. The cheapest unit of energy is the one that is never used, and chemical companies are rediscovering this principle in their daily operations.

Life-cycle assessments (LCAs) are fast becoming a common tool to identify energy hotspots within processes. Assessments often reveal that a handful of steps account for the majority of energy use. By targeting those ‘guzzling’ points, companies can achieve outsized savings.

On the shop floor, efficiency looks deceptively simple. Swapping an oversized motor for a right-sized one, trimming impellers to optimise pump performance, or recovering waste heat from boilers are small interventions. Yet when scaled across multiple plants and processes, they deliver measurable results. Manufacturers report reductions of more than 30 per cent in specific energy consumption compared to earlier baselines.

Efficiency is not just about technology upgrades. It also requires a mindset shift: embedding energy thinking into design, procurement, and operations. Energy audits, training programmes, and the recent establishment of dedicated energy management cells in some companies are helping make this cultural change real. In some plants, ‘green champions’ are tasked with monitoring daily consumption and driving continuous improvement. Highlighting that efficiency is as much about people and process as it is about equipment and technology.

Navigating the Roadblocks

Despite progress, the road to low-carbon manufacturing is far from smooth. The obstacles are practical as much as they are strategic.

Cleaner fuel supply chains remain sparse. Biomass collection is seasonal and remains geographically uneven. Biogas suppliers struggle to guarantee the scale and reliability that chemical plants require. Hydrogen, while promising, is years away from being commercially viable for widespread use. These gaps create uncertainty, making it risky for companies to scale up beyond pilot projects.

Another challenge lies in the setting of targets. If companies overpromise and underdeliver, they risk eroding trust with both regulators and investors. The better approach is to set stretch goals that are also grounded in operational reality. For example, reducing specific energy consumption by half compared to historical baselines may be possible, but only with sustained investment in both technology and people.

Embedding energy management into daily decision-making is another critical step. Too often, efficiency projects are treated as isolated initiatives rather than continuous programmes. Companies that succeed are the ones making energy performance a part of everyday operations: embedding it into operations, be it procurement contracts or maintenance routines. This shift from short-term project fixes to systemic change is essential for the sector to achieve meaningful scale.

Competitiveness and Resilience in a Carbon-Constrained Future

The chemical industry is standing at a crossroads. Its products are integral to modern life, from pharmaceuticals to packaging, but its high energy consumption makes it vulnerable in a carbon-constrained future. The path forward is becoming clearer: reduce energy consumption wherever possible, replace fossil fuels with renewables and cleaner alternatives, and plug into increasingly green electricity sources.

These shifts are already underway. Cogeneration plants running on bio-briquettes, hybrid solar-wind contracts supplying manufacturing sites, and incremental but essential process optimisations all point to a steady if uneven transition. The question now is scale: can these actions move from localised initiatives to systemic industry-wide transformation?

Beyond checklists, low-carbon manufacturing is actually about building competitiveness and resilience. Companies that act decisively today by investing in resilience will shield themselves from volatile fuel markets, improve their bottom line, and earn trust in an economy where transparency and accountability are increasingly becoming non-negotiable.

What Indian chemical companies choose in the coming years will determine not only their emissions profiles but also their place in global chemical value chains. Those who succeed in embedding energy responsibility into their DNA will stand out as leaders in both business and environmental progress. The opportunity is clear: to write a new chapter for the sector that balances growth with responsibility and positions India as a model for low-carbon industrial transformation.

Conclusion

Low-carbon manufacturing is both a challenge and an opportunity for the chemical sector. By combining renewable energy, cleaner fuels, and operational efficiency, companies can reduce emissions, lower costs, and strengthen resilience. Embedding energy responsibility into core operations ensures sustainable growth and global competitiveness, shaping India’s leadership in green chemical production.

Minister Inaugurates Hydrothermal Liquefaction Pilot Plant at HPCL R&D Centre

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Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri, visited the Hindustan Petroleum Green Research & Development Centre (HPGRDC) in Bengaluru. He was welcomed by HPCL Chairman and Managing Director Shri Vikas Kaushal, Director–Refineries Shri S. Bharathan, and Executive Director–Corporate R&D Shri Vipul Kumar Maheshwari.

Minister Appreciates HPCL’s Innovation Hub

The minister appreciated the state-of-the-art research centre, where more than 150 scientists, including 37% women leaders, are driving innovation. He noted that HPGRDC’s work is helping India move toward an Energy Aatmanirbhar Bharat.

Inauguration of Hydrothermal Liquefaction (HTL) Pilot Plant

Puri inaugurated the Hydrothermal Liquefaction (HTL) Pilot Plant. The facility converts seaweed into bio-crude and other useful bio-products. The plant marks a major step forward in sustainable bioenergy and strengthens HPCL’s focus on innovation-driven clean energy solutions.

Focus on R&D for a Competitive Energy Future

The minister stressed the need to strengthen research and development across the oil and gas sector. He encouraged HPCL to pursue commercial opportunities in both existing and emerging energy areas. According to him, these efforts will improve India’s global competitiveness in manufacturing. He also praised HPCL’s progress in Green Hydrogen, Biofuels, and Sustainable Technologies, highlighting the role of HPGRDC in supporting the Aatmanirbhar Bharat vision.

Advancements in Clean Mobility Technologies

At HPGRDC’s Engine Laboratory, the team showcased a flex-fuel retrofit kit for two-wheelers. This technology helps vehicles operate on higher ethanol blends, supporting India’s ethanol-blending goals and promoting cleaner mobility.

Breakthroughs in Battery and Hydrogen Technologies

HPGRDC also demonstrated significant progress in advanced energy storage. The centre is developing Lithium-ion, Sodium-ion, and Vanadium Redox Flow batteries. Notably, the team has built a 1 kW Lithium-ion battery pack using in-house cells. As per the press release, in addition, HPGRDC completed a 1 MW-equivalent short-stack demonstration of indigenous Alkaline and Anion Exchange Membrane (AEM) electrolysers, enabling more cost-effective green hydrogen production.

SECI and Andhra Pradesh Finalise 1,200 MWh Battery Energy Storage Project

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Solar Energy Corporation of India Limited (SECI) exchanged government orders (GOs) with the Andhra Pradesh government to develop a 1,200 MWh Battery Energy Storage System (BESS) at Nandyal and a 50 MW Hybrid Solar Project. The exchange, announced on Saturday, marks a major step in strengthening the state’s renewable energy infrastructure.

Boosting Andhra Pradesh’s Renewable Energy Ecosystem

With these GOs, Andhra Pradesh moves closer to building a robust energy storage ecosystem. SECI reaffirmed its commitment to working with States and Central Ministries to accelerate India’s clean energy transition. According to the ministry of new and renewable energy, “Together, these projects signal a major leap in clean energy storage capacity, strengthening the state’s renewable ecosystem and powering India’s transition to a more resilient, storage-enabled green grid.”

Key Approvals and Implementation Framework

The exchange took place during the Energy Session of the Andhra Pradesh Partnership Summit 2025 in Visakhapatnam, organised by the Department for Promotion of Industry and Internal Trade and CII. On January 23, 2025, the ministry of power designated SECI as the implementing agency for the 1,200 MWh BESS project. SECI will execute the project under Market-Based Operations.

SECI to Fully Fund Both Projects

As reported by thenewsminute.com, both projects will be developed under the CAPEX Mode. SECI will take complete investment responsibility. This approach aims to ensure faster implementation and long-term operational stability.

Hindustan Zinc Showcases the Future of Critical Minerals at IITF 2025

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Hindustan Zinc is leveraging IITF 2025 in New Delhi to highlight the growing importance of critical minerals in India’s long-term industrial and infrastructure growth. The company has set up an immersive mining and metals experience focused on technology, sustainability, and zinc-based corrosion protection — all positioned to support the vision of a Viksit Bharat. The exhibit is housed at the Mining Pavilion in Bharat Mandapam and runs from 14 to 27 November.

Tech-Led Showcase Brings Critical Minerals to Life

An interactive RFID-based cube stands out at the stall, explaining how critical minerals such as zinc, silver, and lead enable clean energy systems, advanced manufacturing, and long-lasting infrastructure. Digital visualisations further show how these minerals power India’s Critical Mineral Mission and broader energy-transition initiatives. The exhibit also includes a virtual reality tour of the Rampura Agucha Mine and Chanderiya Smelter. Through VR, visitors can explore underground mining, digital process control, and resource-efficiency practices that define Hindustan Zinc’s operations.

Spotlight on Corrosion Protection and Key Products

The product zone displays Special High Grade Zinc, EcoZen low-carbon zinc, pure silver, and zinc ore. Live demonstrations highlight zinc’s role in galvanisation, a process that significantly cuts corrosion and extends the lifespan of steel structures. The theme aligns with the company’s national awareness campaign, “Zung Ke Khilaaf Zinc 2.0,” which promotes corrosion protection across India’s infrastructure sectors.

Driving India’s Critical Mineral Security

As reported by manufacturingtodayindia.com, with decades of expertise in mining and smelting, Hindustan Zinc is using its IITF 2025 presence to demonstrate how responsible mining, technology adoption, and efficient resource management can strengthen India’s critical mineral security and accelerate its future growth.

Venezuela Seeks Deeper Economic Ties with India Beyond Oil

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Venezuela expressed strong interest in deepening its economic engagement with India beyond the traditional oil trade. The country is now looking to collaborate in critical minerals, expand bilateral investments, and strengthen overall economic ties, the Commerce Ministry announced on Saturday.

High-Level Dialogue to Reinforce Cooperation

Commerce and Industry Minister Piyush Goyal held a bilateral meeting with Hector Silva, Venezuela’s Minister of Ecological Mining Development, on the sidelines of the 30th CII Partnership Summit in Visakhapatnam. During the meeting, Goyal stressed the importance of reactivating the India–Venezuela Joint Committee Mechanism, which last convened nearly ten years ago.

He noted that ONGC’s ongoing operations in Venezuela offer significant potential for expanded cooperation in mining and exploration. Goyal also encouraged Venezuela to consider adopting the Indian Pharmacopeia to simplify and boost pharmaceutical trade. Additionally, he highlighted untapped opportunities in the automobile sector, urging both nations to explore mutual benefits. The minister assured that India would engage with businesses evaluating new investment prospects in the South American nation.

Energy Ties Strengthen as Trade Diversifies

India benefited from imports of heavy crude oil from Venezuela after the United States relaxed sanctions on the country in 2024. Building on this momentum, New Delhi has been actively seeking avenues to broaden trade beyond energy. As reported by msn.com, in February, Venezuela’s Vice President Delcy Rodriguez, who also oversees the petroleum portfolio, visited India during Energy India Week. She met Petroleum Minister Hardeep Singh Puri and other senior officials, reinforcing Venezuela’s intent to deepen economic collaboration.

SRF Dahej Bags FieldComm Group’s 2025 Plant of the Year Award

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FieldComm Group, the global authority on open and interoperable industrial automation standards, has named SRF Limited’s Dahej facility as the winner of its 2025 Plant of the Year Award. The recognition highlights SRF’s strong progress in digital transformation, operational efficiency, and innovation using FieldComm Group technologies.

Building One of the World’s Most Advanced Chemical Complexes

Located in Gujarat, SRF Dahej has evolved into one of the world’s most advanced specialty chemical and fluorochemical manufacturing complexes. The facility spans 300 acres and uses a fully integrated digital infrastructure powered by HART, WirelessHART and FOUNDATION Fieldbus technologies. By connecting more than 40,000 smart field devices, SRF enables seamless communication, real-time diagnostics, and readiness for next-generation IIoT and Ethernet-APL connectivity.

FieldComm Group Applauds SRF’s Innovation

“SRF’s digital transformation journey reflects their deep commitment to innovation and continuous improvement,” said Ted Masters, President and CEO of FieldComm Group. He noted that SRF’s consistent use of open communication standards has strengthened safety, boosted reliability and delivered multi-million-dollar savings. According to him, this exceptional use of FieldComm Group technologies is exactly what earned SRF Dahej the 2025 Plant of the Year Award.

A Decade of Modernisation and Measurable Impact

SRF began its digital journey in 2010 with the adoption of HART technology. Over time, it expanded the programme to include FOUNDATION Fieldbus, WirelessHART and Instrument Asset Management Systems (IAMS). These initiatives have already delivered over USD 10.7 million in cumulative savings through reduced downtime, faster commissioning and predictive maintenance. Furthermore, SRF’s adoption of interoperable, standards-based technology has transformed its approach to lifecycle management, asset reliability and sustainability.

Future Roadmap: AI, Predictive Maintenance and Ethernet-APL

Looking ahead, SRF has laid out a clear digital roadmap through 2030. The company plans to integrate AI-driven analytics, strengthen predictive maintenance strategies and implement full Ethernet-APL connectivity across both greenfield and brownfield units. This long-term strategy positions SRF Dahej as a model for future-ready industrial automation.

A Global Benchmark for Industrial Automation

As reported by automation.com, FieldComm Group’s Plant of the Year Award honours facilities that demonstrate outstanding use of technologies such as HART, FOUNDATION Fieldbus, WirelessHART, FDI, FDT/DTM, PA-DIM and Ethernet-APL. By joining this elite global group, SRF Dahej reinforces its leadership in operational excellence and digital innovation.

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