Add Biodiesel Technology Need of the Hour For India
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Biodiesel-Technology-Need-of-the-Hour-For-India.md
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<br>The non-renewability, environmental concerns and health dangers connected with the fossil fuels has led to [exploration](https://www.bloomberg.com/profile/company/MNELF:US) of alternative sources of energy to substitute the traditional ones. An appealing technology, still in its infancy, that might show us the way to the future ahead is Biodiesels. Biodiesels are diesel fuels stemmed from veggie oil or animal-fat that could be used to run diesel engines. Vegetables oils like sunflower, rape seed, palm oil, soya bean, [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) and so on can be subjected to oil processing to produce biodiesels. It includes no petroleum but can be blended with petroleum diesel for use or might be used in its pure kind.<br>
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<br>Developed nations particularly United States and [European Countries](https://stocktwits.com/symbol/MNEL) have currently made considerable advances in the [Biodiesel](https://www.businessnews.com.au/Company/Mission-NewEnergy) Technology. Biodiesel have discovered its use across industries and verticals and could become an ideal cleaner and [cheaper option](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to petrol, diesel and nonrenewable fuel sources. India has actually also started exploring the opportunities to produce and use bio-diesel. A number of plants for [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) transesterification are currently functioning in the country where vegetable oils are reacted with alcohols (ethanol or generally) to [produce bio-diesel](https://www.bloomberg.com/profile/company/MNELF:US).<br>
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<br>The main reason for the increasing demand for biodiesels is the fact that biodiesels are sustainable and carbon-neutral, therefore having no net influence on the climate. Besides, bio-diesel runs in compression engines much like regular petroleum diesel and for this reason can be used with little or no engine modifications. Biodiesel do not need any different facilities for its storage and can be kept simply like the petroleum based fuels.<br>
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<br>Considering the growing energy demand in the country, [rising petroleum](https://www.bloomberg.com/profile/company/MNELF:US) prices and the ecological dangers of fossil fuels, the Indian Government has actually used up initiatives to develop the Bio Diesel Technology in India and established more oil processing systems. The Government revealed its 'National [Biofuel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Policy' on 12 September 2008 which intends to fulfill 20% of India's diesel demand with bio-fuels in the coming years.<br>
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<br>Globally, edible vegetable oils like sunflower, soya bean, rape seed, palm oil are used as the pre-dominant raw products for oil processing and [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) production but in India the optimal capacity to produce biodiesels is from [jatropha curcas](https://www.businessnews.com.au/Company/Mission-NewEnergy) oil - a non-edible one produced from the seeds of the [Jatropha curcas](https://www.zoominfo.com/c/mission-newenergy/346542889). The most significant advantage of utilizing [Jatropha](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) as a basic material is that this plant can be grown in huge quantities in wastelands all across India requiring extremely little water in contrast to other cash crops. Once grown, the plant has a useful life-span of [numerous](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) years. The [jatropha curcas](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) seeds contain 40% oil and are thought about to be an outstanding source of bio-diesel. The Government of India has actually identified 400,000 square kilometres of land ideal for the [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) growing in the nation. India now<br>
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<br>A study estimates that even if a mixing effort of 2% [jatropha curcas](https://www.zoominfo.com/c/mission-newenergy/346542889) based Biodiesel is accomplished in 2011-12, India will save around Rs. 3000 crores. Besides, it will generate around Rs. 5500 crores in the rural economy and help in reduction of Green House Gas emission by 3 Million Metric Tonnes (MMT) every year. The federal government is taking steps to encourage the cultivation of [jatropha curcas](https://www.pinterest.com.au/missionnewenergy/) in India supplying complimentary seeds, subsidized loans and other facilities. India needs to now reinforce its efforts to make the fullest usage of the [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) Technology. Besides [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/), the opportunities for drawing out [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) from vegetable oils, fats, sunflower, rape seed oil and palm oil ought to also be checked out. It will not only offer an answer to the challenge of Global Warming however might decrease our dependence on foreign oil and add to our own economy.<br>
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