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The non-renewability, environmental concerns and health dangers associated with the nonrenewable fuel sources has resulted in expedition of alternative sources of energy to replace the standard ones. An appealing innovation, still in its infancy, that might show us the way to the future ahead is Biodiesels. Biodiesels are diesel fuels obtained from vegetable oil or animal-fat that might be utilized to run diesel motors. Vegetables oils like sunflower, rape seed, palm oil, soya bean, [Jatropha](https://pitchbook.com/profiles/company/51278-86) etc can be subjected to [oil processing](https://stocktwits.com/symbol/MNEL) to produce biodiesels. It consists of no petroleum but can be blended with petroleum diesel for usage or could be utilized in its pure kind.
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Developed nations especially United States and European Countries have currently made considerable advances in the [Biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) Technology. Biodiesel have actually found its usage throughout industries and and might emerge as an ideal cleaner and less expensive option to gas, diesel and nonrenewable fuel [sources](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm). India has also started checking out the [opportunities](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) to produce and use [bio-diesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd). A number of plants for biodiesel transesterification are currently working in the nation where veggie oils are reacted with alcohols (ethanol or methanol normally) to produce bio-diesel.
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The main factor for the increasing need for biodiesels is the [reality](https://www.google.com/search?kgmid=/m/0cqd_rb) that biodiesels are eco-friendly and carbon-neutral, thus having no net effect on the environment. Besides, bio-diesel operates in compression engines just like regular petroleum diesel and thus can be utilized with little or no engine modifications. [Biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) do not need any different infrastructure for its storage and can be saved much like the petroleum based fuels.
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Considering the growing energy need in the country, increasing petroleum prices and the environmental risks of nonrenewable fuel sources, the Indian Government has used up efforts to develop the Bio Diesel Technology in India and set up more oil processing systems. The Government revealed its 'National [Biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Policy' on 12 September 2008 which aims to fulfill 20% of India's diesel need with [bio-fuels](https://www.google.com/search?kgmid=/m/0cqd_rb) in the coming years.
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Globally, edible veggie oils like sunflower, soya bean, rape seed, palm oil are used as the pre-dominant raw materials for oil processing and biodiesel production however in India the maximum potential to produce biodiesels is from [Jatropha](https://www.businessnews.com.au/Company/Mission-NewEnergy) 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 biggest advantage of utilizing [Jatropha](https://www.zoominfo.com/c/mission-newenergy/346542889) as a basic material is that this plant can be grown in substantial amounts in wastelands all across India requiring extremely little water in comparison to other money crops. Once grown, the plant has a useful life-span of numerous years. The [jatropha curcas](https://www.pinterest.com.au/missionnewenergy/) seeds contain 40% oil and are considered to be an exceptional source of bio-diesel. The Government of India has actually identified 400,000 square kilometres of land appropriate for the [jatropha curcas](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) cultivation in the country. India now
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A research study approximates that even if a mixing effort of 2% [Jatropha](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) based Biodiesel is achieved in 2011-12, India will save 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 motivate the cultivation of [jatropha curcas](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) in India offering free seeds, subsidized loans and other [facilities](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048). India needs to now enhance its efforts to make the max usage of the [Biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Technology. Besides [Jatropha](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608), the avenues for extracting [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) from veggie oils, fats, sunflower, rape seed oil and palm oil need to also be checked out. It will not only offer a response to the obstacle of Global Warming but could decrease our reliance on foreign oil and contribute to our own economy.
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