Add Biodiesel Technology Need of the Hour For India

Biodiesel-Technology-Need-of-the-Hour-For-India.md

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+<br>The non-renewability, ecological issues and health risks connected with the fossil fuels has caused exploration of alternative sources of energy to substitute the conventional ones. A promising technology, still in its infancy, that could reveal us the method to the future ahead is Biodiesels. Biodiesels are diesel fuels stemmed from grease or animal-fat that might be used to run diesel engines. Vegetables oils like sunflower, rape seed, palm oil, soya bean, [jatropha curcas](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) etc can be subjected to oil processing to produce biodiesels. It consists of no petroleum but can be mixed with petroleum diesel for use or could be utilized in its pure kind.<br>
+<br>Developed countries especially United States and European Countries have currently made significant advances in the [Biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Technology. [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) have actually found its usage across industries and verticals and could emerge as a perfect cleaner and less expensive alternative to gas, diesel and fossil fuels. India has actually also begun exploring the opportunities to produce and utilize bio-diesel. A variety of plants for biodiesel transesterification are already operating in the nation where veggie oils are reacted with alcohols (ethanol or methanol usually) to produce bio-diesel.<br>
+<br>The main factor for the increasing demand for biodiesels is the fact that biodiesels are renewable and carbon-neutral, thus having no net effect on the environment. Besides, bio-diesel operates in compression engines similar to normal petroleum diesel and for this reason can be used with little or no engine adjustments. [Biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) do not need any different facilities for its storage and can be saved just like the petroleum based fuels.<br>
+<br>Considering the growing energy need in the country, rising petroleum rates and the environmental risks of fossil fuels, the Indian Government has actually taken up efforts to establish the Bio Diesel Technology in India and set up more oil processing units. The Government announced its 'National [Biofuel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Policy' on 12 September 2008 which aims to fulfill 20% of India's diesel need with bio-fuels in the coming years.<br>
+<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 production however in India the optimal potential to produce biodiesels is from [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) oil - a non-edible one produced from the seeds of the [Jatropha curcas](https://www.zoominfo.com/c/mission-newenergy/346542889). The greatest benefit of [utilizing](https://stocktwits.com/symbol/MNEL) [Jatropha](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) as a basic material is that this plant can be grown in huge quantities in wastelands all throughout India requiring really little water in [comparison](https://stocktwits.com/symbol/MNEL) to other cash crops. Once grown, the plant has a useful life expectancy of a number of years. The [jatropha curcas](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [seeds consist](https://stocktwits.com/symbol/MNEL) of 40% oil and are considered to be an outstanding source of bio-diesel. The Government of India has recognized 400,000 square kilometres of land appropriate for the [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) growing in the country. India now<br>
+<br>A study estimates that even if a blending effort of 2% [Jatropha](https://www.google.com/search?kgmid=/m/0cqd_rb) based Biodiesel is attained in 2011-12, India will conserve around Rs. 3000 crores. Besides, it will generate around Rs. 5500 crores in the rural economy and help in decrease of Green House Gas emission by 3 Million Metric Tonnes (MMT) every year. The federal government is taking steps to encourage the growing of [jatropha curcas](https://www.crunchbase.com/organization/mission-newenergy) in India supplying free seeds, subsidized loans and other centers. India needs to now strengthen its efforts to make the max use of the [Biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Technology. Besides [jatropha curcas](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048), the opportunities for drawing out [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) from vegetable oils, fats, sunflower, rape seed oil and palm oil ought to likewise be . It will not just offer an answer to the [obstacle](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) of Global Warming however might [decrease](https://www.bloomberg.com/profile/company/MNELF:US) our dependence on foreign oil and add to our own [economy](https://www.investing.com/equities/mission-newenergy-ltd-company-profile).<br>