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The non-renewability, ecological concerns and health hazards associated with the fossil fuels has resulted in expedition of alternative sources of energy to replace the traditional ones. An appealing innovation, still in its infancy, that might show us the way to the future ahead is Biodiesels. Biodiesels are diesel fuels stemmed from grease or that could be used 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) and so on can be subjected to oil processing to produce biodiesels. It consists of no petroleum but can be combined with petroleum diesel for use or might be utilized in its pure type.
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Developed countries especially United States and European Countries have already made considerable [advances](https://www.zoominfo.com/c/mission-newenergy/346542889) in the [Biodiesel](https://www.crunchbase.com/organization/mission-newenergy) Technology. [Biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) have discovered its use across industries and verticals and might emerge as an ideal cleaner and more affordable option to gas, diesel and nonrenewable fuel sources. India has actually also begun checking out the chances to produce and use bio-diesel. A variety of plants for biodiesel transesterification are currently functioning in the nation where vegetable oils are reacted with alcohols (ethanol or methanol generally) to produce bio-diesel.
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The primary factor for the increasing need for biodiesels is the fact that biodiesels are eco-friendly and carbon-neutral, therefore having no net influence on the climate. Besides, bio-diesel operates in compression engines just like regular petroleum diesel and hence can be used with little or no engine modifications. [Biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) do not need any different infrastructure for its storage and can be kept much like the [petroleum based](https://pitchbook.com/profiles/company/51278-86) fuels.
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Considering the growing energy demand in the nation, rising petroleum rates and the ecological hazards of nonrenewable fuel sources, the Indian Government has used up efforts to establish the Bio Diesel Technology in India and set up more oil processing systems. The Government announced its 'National [Biofuel](https://stocktwits.com/symbol/MNEL) Policy' on 12 September 2008 which aims to meet 20% of India's diesel demand with bio-fuels in the coming years.
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Globally, edible veggie oils like sunflower, soya bean, rape seed, palm oil are utilized as the pre-dominant raw products for oil processing and [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) production but in India the maximum potential to produce biodiesels is from [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) 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 greatest benefit of using [Jatropha](https://www.businessnews.com.au/Company/Mission-NewEnergy) as a [basic material](https://www.businessnews.com.au/Company/Mission-NewEnergy) is that this plant can be grown in big amounts in wastelands all throughout India needing [extremely](https://pitchbook.com/profiles/company/51278-86) little water in contrast to other cash crops. Once grown, the plant has a useful lifespan of numerous decades. The [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) seeds include 40% oil and are thought about to be an excellent source of bio-diesel. The Government of India has determined 400,000 square kilometres of land suitable for the [Jatropha](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) growing in the nation. India now
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A study approximates that even if a mixing initiative of 2% [jatropha curcas](https://www.businessnews.com.au/Company/Mission-NewEnergy) based [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is attained 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 decrease of Green House Gas emission by 3 Million Metric Tonnes (MMT) every year. The federal government is taking actions to motivate the cultivation of [jatropha curcas](https://www.crunchbase.com/organization/mission-newenergy) in India offering free seeds, subsidized loans and other facilities. India requires to now reinforce its efforts to make the fullest usage of the [Biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) Technology. Besides [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited), the avenues for drawing out [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) from veggie oils, fats, sunflower, rape seed oil and palm oil ought to also be explored. It will not only supply an answer to the difficulty of Global Warming but might decrease our dependence on foreign oil and contribute to our own economy.
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