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<br>The non-renewability, ecological concerns and health threats connected with the nonrenewable fuel sources has actually caused expedition of alternative sources of energy to replace the conventional ones. An appealing technology, still in its infancy, that might reveal us the way to the future ahead is Biodiesels. Biodiesels are diesel fuels originated from grease or animal-fat that could be utilized to run [diesel motors](https://www.bloomberg.com/profile/company/MNELF:US). 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 however can be mixed with petroleum diesel for use or could be used in its pure kind.<br>
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<br>Developed countries particularly United States and European Countries have actually already made substantial advances in the [Biodiesel Technology](https://pitchbook.com/profiles/company/51278-86). Biodiesel have actually found its usage across markets and verticals and could become a perfect cleaner and more affordable option to petrol, diesel and nonrenewable fuel sources. India has actually also begun checking out the opportunities to produce and utilize bio-diesel. A variety of plants for [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) transesterification are currently functioning in the country where vegetable oils are responded with alcohols (ethanol or methanol generally) to produce bio-diesel.<br>
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<br>The main reason for the increasing need for [biodiesels](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is the reality that biodiesels are sustainable and carbon-neutral, therefore having no net effect on the climate. Besides, bio-diesel runs in compression engines simply like normal petroleum diesel and hence can be utilized with little or no engine adjustments. Biodiesel do not need any different infrastructure for its storage and can be stored similar to the petroleum based fuels.<br>
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<br>Considering the growing energy need in the nation, increasing petroleum prices and the ecological risks of nonrenewable fuel sources, the Indian Government has taken up efforts to establish the [Bio Diesel](https://pitchbook.com/profiles/company/51278-86) Technology in India and set up more oil processing systems. The Government revealed its 'National [Biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 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 utilized as the pre-dominant basic materials for oil processing and [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) production however in India the optimal capacity to produce [biodiesels](https://forest500.org/rankings/companies/mission-newenergy-limited) 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.pinterest.com.au/missionnewenergy/). The most significant advantage of using [jatropha curcas](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) as a raw product is that this plant can be grown in big quantities in wastelands all throughout India requiring really little water in contrast to other cash crops. Once grown, the plant has a beneficial life expectancy of numerous decades. The [jatropha curcas](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) seeds include 40% oil and are considered to be an excellent source of bio-diesel. The Government of India has identified 400,000 square kilometres of land ideal for the [Jatropha](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 research study estimates that even if a blending effort of 2% [jatropha curcas](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) based [Biodiesel](https://www.pinterest.com.au/missionnewenergy/) is achieved in 2011-12, India will conserve around Rs. 3000 crores. Besides, it will create around Rs. 5500 crores in the rural economy and [assistance](https://www.pinterest.com.au/missionnewenergy/) in reduction of Green House [Gas emission](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) by 3 Million Metric Tonnes (MMT) every year. The government is taking steps to encourage the cultivation of [Jatropha](https://pitchbook.com/profiles/company/51278-86) in India offering free seeds, subsidized loans and other centers. India requires to now strengthen its efforts to make the maximum use of the Biodiesel Technology. Besides [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited), the avenues for [extracting biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) from vegetable oils, fats, sunflower, rape seed oil and palm oil must also be checked out. It will not just offer an answer to the challenge of Global Warming however might reduce our dependence on foreign oil and add to our own economy.<br>
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