Add Biodiesel Technology Need of the Hour For India
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<br>The non-renewability, environmental issues and health risks related to the fossil fuels has actually caused exploration of alternative sources of energy to [replace](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) 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 utilized to run diesel engines. [Vegetables](https://www.crunchbase.com/organization/mission-newenergy) oils like sunflower, rape seed, palm oil, soya bean, [jatropha curcas](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) etc can be subjected to oil processing to produce biodiesels. It contains no petroleum however can be mixed with petroleum diesel for use or might be utilized in its pure form.<br>
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<br>Developed nations specifically United States and European Countries have actually currently made considerable advances in the [Biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) Technology. Biodiesel have actually found its usage across industries and verticals and could become a perfect cleaner and cheaper option to gas, diesel and fossil fuels. India has also started exploring the chances to produce and utilize bio-diesel. A [variety](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) of plants for [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) transesterification are currently functioning in the nation where veggie oils are reacted with alcohols (ethanol or methanol normally) to produce bio-diesel.<br>
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<br>The primary factor for the increasing demand for biodiesels is the fact that biodiesels are eco-friendly and carbon-neutral, therefore having no net influence on the climate. Besides, bio-diesel runs in compression engines much like regular petroleum diesel and thus can be used with little or no engine adjustments. [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) do not require any different infrastructure for its storage and can be stored much like the petroleum based fuels.<br>
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<br>Considering the growing energy demand in the country, increasing petroleum prices and the ecological dangers of fossil fuels, the Indian Government has actually taken up initiatives to establish the Bio Diesel Technology in India and established more oil processing units. The Government announced 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 aims to meet 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 basic materials for oil processing and biodiesel production but in India the maximum capacity to produce biodiesels is from [Jatropha](https://pitchbook.com/profiles/company/51278-86) oil - a non-edible one produced from the seeds of the [Jatropha curcas](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608). The greatest advantage of [utilizing](https://www.zoominfo.com/c/mission-newenergy/346542889) [Jatropha](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) as a raw material is that this plant can be grown in huge quantities in wastelands all across India needing extremely little water in comparison to other cash crops. Once grown, the plant has a useful lifespan of numerous years. The [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) seeds contain 40% oil and are thought about to be an excellent source of bio-diesel. The Government of India has identified 400,000 square kilometres of land ideal for the [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) cultivation in the nation. India now<br>
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<br>A study approximates that even if a blending [initiative](https://www.google.com/search?kgmid=/m/0cqd_rb) of 2% [Jatropha](https://pitchbook.com/profiles/company/51278-86) based [Biodiesel](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) is [accomplished](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) in 2011-12, India will save around Rs. 3000 crores. Besides, it will generate around Rs. 5500 crores in the rural economy and assistance in decrease of Green House Gas emission by 3 Million Metric Tonnes (MMT) every year. The government is taking steps to the cultivation of [Jatropha](https://www.crunchbase.com/organization/mission-newenergy) in India providing free seeds, subsidized loans and other facilities. India requires to now strengthen its efforts to make the max use of the Biodiesel Technology. Besides [Jatropha](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/), the opportunities for drawing out [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) from veggie oils, fats, sunflower, rape seed oil and palm oil should also be explored. It will not only supply a response to the difficulty of Global Warming however could decrease our reliance on foreign oil and contribute to our own economy.<br>
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