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The non-renewability, ecological concerns and health risks associated with the fossil fuels has actually led to exploration of alternative sources of energy to substitute the conventional 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 veggie oil or animal-fat that might be utilized to run diesel engines. [Vegetables](https://www.businessnews.com.au/Company/Mission-NewEnergy) oils like sunflower, rape seed, palm oil, soya bean, [jatropha curcas](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) etc can be subjected to oil processing to produce biodiesels. It consists of no petroleum however can be combined with petroleum diesel for use or could be utilized in its pure kind.
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Developed countries particularly United States and European Countries have actually already made considerable advances in the [Biodiesel](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) Technology. Biodiesel have discovered its usage across markets and verticals and could emerge as a perfect cleaner and more affordable option to fuel, diesel and fossil fuels. India has also started exploring the chances to produce and utilize bio-diesel. A number of plants for biodiesel transesterification are already functioning in the country where vegetable oils are responded 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 sustainable and carbon-neutral, hence having no net influence on the climate. Besides, bio-diesel runs in compression engines similar to [normal petroleum](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) diesel and hence can be utilized with little or no engine adjustments. [Biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) do not require any different facilities for its storage and can be stored much like the petroleum based fuels.
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Considering the growing energy need in the nation, increasing petroleum costs and the ecological threats of fossil fuels, the Indian Government has taken up efforts to establish the Bio Diesel Technology in India and established more oil processing systems. The announced its 'National [Biofuel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) [Policy'](https://forest500.org/rankings/companies/mission-newenergy-limited) on 12 September 2008 which aims to fulfill 20% of India's diesel demand with bio-fuels in the coming years.
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Globally, [edible veggie](https://forest500.org/rankings/companies/mission-newenergy-limited) oils like sunflower, soya bean, rape seed, palm oil are utilized as the pre-dominant raw materials for oil processing and [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) production but in India the maximum potential to [produce biodiesels](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) is from [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) oil - a non-edible one produced from the seeds of the [Jatropha curcas](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048). The [biggest advantage](https://www.google.com/search?kgmid=/m/0cqd_rb) of utilizing [Jatropha](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) as a basic material is that this plant can be grown in huge amounts in wastelands all across India needing really little water in comparison to other money crops. Once grown, the plant has a beneficial lifespan of numerous 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 consist of 40% oil and are considered to be an exceptional source of bio-diesel. The Government of India has recognized 400,000 square kilometres of land suitable for the [Jatropha](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) growing in the country. India now
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A study estimates that even if a mixing initiative of 2% [Jatropha](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) based Biodiesel is attained in 2011-12, India will save around Rs. 3000 crores. Besides, it will [produce](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) around Rs. 5500 crores in the rural economy and help in reduction of Green House Gas emission by 3 Million Metric Tonnes (MMT) every year. The federal government is taking actions to encourage the cultivation of [Jatropha](https://www.pinterest.com.au/missionnewenergy/) in India providing complimentary seeds, subsidized loans and other centers. India needs to now reinforce its efforts to make the maximum use of the [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) Technology. Besides [Jatropha](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608), the opportunities for drawing out biodiesel from vegetable oils, fats, sunflower, rape seed oil and palm oil need to likewise be explored. It will not only offer a response to the challenge of Global Warming but could reduce our reliance on foreign oil and add to our own economy.
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