Hello Dinesh,
advanced Cooling modeling and simulation needs Autodesk Simulation Moldflow Insight.
For the technique you mention it might be possible in the advanced simulation.
There it is possible to use Cartride Heaters.
Moldflow Adviser is using basic, coventional cooling circuit modeling and simulation.
To compare products and features you have some information here:
http://www.autodesk.com/products/autodesk-simulation-family/compare/moldflow-products
Hope this clarifies.
Regards,
Berndt