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Add Biodiesel Technology Need of the Hour For India

Deidre McAuley 2025-01-11 13:32:27 -06:00
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<br>The non-renewability, environmental concerns and health threats connected with the fossil fuels has caused exploration of alternative of energy to substitute the [conventional](https://forest500.org/rankings/companies/mission-newenergy-limited) ones. An appealing technology, still in its infancy, that could show us the way to the [future ahead](https://www.bloomberg.com/profile/company/MNELF:US) is Biodiesels. Biodiesels are diesel fuels obtained from veggie oil or animal-fat that could be utilized to run diesel motors. Vegetables oils like sunflower, rape seed, palm oil, soya bean, [jatropha curcas](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) etc can be subjected to oil processing to produce biodiesels. It contains no petroleum however can be blended with petroleum diesel for use or could be utilized in its pure form.<br>
<br>Developed nations specifically United States and European Countries have already made substantial advances in the [Biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Technology. Biodiesel have actually found its usage across markets and verticals and might emerge as an ideal cleaner and more [affordable option](https://stocktwits.com/symbol/MNEL) to gas, diesel and nonrenewable fuel sources. India has actually likewise started exploring the opportunities to produce and use bio-diesel. A variety of plants for biodiesel transesterification are already operating in the country where veggie oils are responded with alcohols (ethanol or [methanol](https://www.google.com/search?kgmid=/m/0cqd_rb) normally) to produce bio-diesel.<br>
<br>The primary reason for the [increasing](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) need for biodiesels is the fact that biodiesels are eco-friendly and carbon-neutral, hence having no net impact on the environment. Besides, bio-diesel operates in compression engines much like regular petroleum diesel and thus can be used with little or no engine adjustments. [Biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) do not require any different facilities for its storage and can be kept simply like the petroleum based fuels.<br>
<br>Considering the growing energy need in the nation, rising petroleum rates and the ecological dangers of nonrenewable fuel sources, the Indian Government has 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.zoominfo.com/c/mission-newenergy/346542889) Policy' on 12 September 2008 which aims to satisfy 20% of India's diesel demand with bio-fuels in the coming years.<br>
<br>Globally, edible veggie oils like sunflower, soya bean, rape seed, palm oil are utilized as the pre-dominant basic materials for oil processing and [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) production but in India the maximum potential to produce biodiesels is from [Jatropha](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) oil - a non-edible one produced from the seeds of the [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). The most significant advantage of using [Jatropha](https://pitchbook.com/profiles/company/51278-86) as a raw material is that this plant can be grown in substantial quantities in wastelands all across India needing really little water in comparison to other cash crops. Once grown, the plant has a beneficial lifespan of several decades. The [Jatropha](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) seeds contain 40% oil and are considered to be an exceptional source of bio-diesel. The [Government](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) of India has identified 400,000 square kilometres of land suitable for the [jatropha curcas](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) growing in the nation. India now<br>
<br>A research study approximates that even if a blending effort of 2% [jatropha curcas](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) based [Biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is accomplished in 2011-12, India will conserve around Rs. 3000 crores. Besides, it will produce around Rs. 5500 crores in the rural economy and assistance in reduction of Green House Gas emission by 3 Million Metric Tonnes (MMT) every year. The federal government is taking actions to encourage the growing of [Jatropha](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) in India supplying totally free seeds, subsidized loans and other centers. India needs to now strengthen its efforts to make the maximum use of the [Biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) Technology. Besides [Jatropha](https://www.zoominfo.com/c/mission-newenergy/346542889), the avenues for extracting biodiesel from vegetable oils, fats, sunflower, rape seed oil and palm oil should likewise be explored. It will not just provide a response to the obstacle of Global Warming but could decrease our reliance on foreign oil and contribute to our own economy.<br>