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<br>The non-renewability, ecological concerns and health risks associated with the fossil fuels has actually led to expedition of alternative sources of energy to the conventional ones. An appealing technology, still in its infancy, that could reveal us the way to the future ahead is Biodiesels. Biodiesels are diesel fuels originated from grease or animal-fat that could be used to run diesel motors. Vegetables oils like sunflower, rape seed, palm oil, soya bean, [Jatropha](https://www.crunchbase.com/organization/mission-newenergy) etc can be subjected to oil processing to produce biodiesels. It contains no petroleum but can be blended with petroleum diesel for usage or might be used in its pure kind.<br> |
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<br>Developed countries especially United States and European Countries have already made considerable advances in the Biodiesel Technology. [Biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) have found its use throughout industries and [verticals](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) and might emerge as a perfect cleaner and more affordable alternative to gas, diesel and fossil fuels. India has likewise begun checking out the opportunities to produce and [utilize bio-diesel](https://www.zoominfo.com/c/mission-newenergy/346542889). A number of plants for [biodiesel](https://www.pinterest.com.au/missionnewenergy/) transesterification are currently working in the country where [vegetable oils](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) are reacted with alcohols (ethanol or methanol typically) to produce bio-diesel.<br> |
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<br>The main 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 [environment](https://www.zoominfo.com/c/mission-newenergy/346542889). Besides, bio-diesel operates in compression engines similar to normal petroleum diesel and thus can be utilized with little or no engine modifications. [Biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) do not require any separate facilities 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, rising petroleum prices and the environmental threats of fossil fuels, the Indian Government has used up [initiatives](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) to develop the Bio Diesel Technology in India and established more oil processing systems. The Government revealed its 'National [Biofuel](https://stocktwits.com/symbol/MNEL) Policy' on 12 September 2008 which aims to satisfy 20% of India's diesel demand with bio-fuels in the coming years.<br> |
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<br>Globally, edible veggie oils like sunflower, soya bean, rape seed, palm oil are utilized as the pre-dominant raw materials for oil processing and biodiesel production however in India the optimal capacity to produce biodiesels is from [jatropha curcas](https://www.zoominfo.com/c/mission-newenergy/346542889) oil - a non-edible one produced from the seeds of the [Jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html). The most significant benefit of utilizing [Jatropha](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) as a raw product is that this plant can be grown in huge quantities in wastelands all throughout India requiring really little water in comparison to other money crops. Once grown, the plant has a helpful lifespan of a number of years. The [Jatropha](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) seeds include 40% oil and are thought about to be an [excellent source](https://forest500.org/rankings/companies/mission-newenergy-limited) of bio-diesel. The Government of India has actually recognized 400,000 square kilometres of land appropriate for the [jatropha curcas](https://www.pinterest.com.au/missionnewenergy/) growing in the country. India now<br> |
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<br>A research study approximates that even if a mixing initiative of 2% [Jatropha](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) based [Biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) is attained in 2011-12, India will conserve around Rs. 3000 crores. Besides, it will [generate](https://forest500.org/rankings/companies/mission-newenergy-limited) 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 government is taking actions to motivate the cultivation of [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) in India providing complimentary seeds, subsidized loans and other facilities. India requires to now strengthen its efforts to make the maximum usage of the Biodiesel Technology. Besides [Jatropha](https://www.google.com/search?kgmid=/m/0cqd_rb), the avenues for drawing out biodiesel from veggie oils, fats, sunflower, rape seed oil and palm oil must likewise be checked out. It will not only offer a response to the challenge of Global Warming however could reduce our reliance on foreign oil and add to our own economy.<br> |
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