commit ff3244227dd60b56a9d1c9e0237d84024cd36e3e Author: candicet217883 Date: Sat Jan 18 03:24:23 2025 +0100 Add Biodiesel Technology Need of the Hour For India diff --git a/Biodiesel-Technology-Need-of-the-Hour-For-India.md b/Biodiesel-Technology-Need-of-the-Hour-For-India.md new file mode 100644 index 0000000..e810ee6 --- /dev/null +++ b/Biodiesel-Technology-Need-of-the-Hour-For-India.md @@ -0,0 +1,6 @@ +
The non-renewability, environmental concerns and health hazards related to the fossil fuels has led to expedition of alternative sources of energy to substitute the traditional ones. A promising technology, still in its infancy, that could show us the method to the future ahead is Biodiesels. Biodiesels are diesel fuels originated from grease or animal-fat that might be used to run diesel engines. 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 however can be blended with petroleum diesel for use or might be [utilized](https://pitchbook.com/profiles/company/51278-86) in its pure kind.
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Developed nations especially United States and European Countries have already made considerable advances in the [Biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) Technology. [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) have actually discovered its use throughout markets and verticals and might emerge as a perfect cleaner and more [affordable](https://stocktwits.com/symbol/MNEL) option to fuel, diesel and nonrenewable fuel [sources](https://www.bloomberg.com/profile/company/MNELF:US). India has actually likewise started checking out the opportunities to produce and utilize bio-diesel. A number of plants for biodiesel transesterification are already working in the country where veggie oils are reacted with alcohols (ethanol or methanol usually) to produce bio-diesel.
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The main reason for the increasing demand for biodiesels is the truth that biodiesels are sustainable and carbon-neutral, thus having no net influence on the environment. Besides, bio-diesel runs in compression engines similar to [normal petroleum](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) diesel and for this reason can be used with little or no engine modifications. [Biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) do not require any separate facilities for its [storage](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) and can be kept similar to the petroleum based fuels.
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Considering the growing energy demand in the nation, increasing petroleum costs and the environmental dangers of fossil fuels, the Indian Government has used up efforts to establish the Bio Diesel Technology in India and [established](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) 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 intends to meet 20% of India's diesel need with bio-fuels 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 basic materials for oil processing and biodiesel production however in India the optimal potential to produce biodiesels is from [jatropha curcas](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) oil - a non-edible one produced from the seeds of the [Jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited). The most significant benefit of utilizing [Jatropha](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) as a basic material is that this plant can be grown in substantial quantities in wastelands all throughout India needing very little water in comparison to other cash crops. Once grown, the plant has a beneficial life-span of several years. The [Jatropha](https://pitchbook.com/profiles/company/51278-86) seeds contain 40% oil and are thought about to be an outstanding source of bio-diesel. The Government of India has actually 400,000 square kilometres of land suitable for the [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) cultivation in the nation. India now
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A study approximates that even if a blending initiative of 2% [jatropha curcas](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) based [Biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is attained in 2011-12, India will save around Rs. 3000 crores. Besides, it will produce around Rs. 5500 crores in the rural economy and aid in reduction of Green House Gas emission by 3 Million Metric Tonnes (MMT) every year. The federal government is taking steps to encourage the growing of [Jatropha](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in India offering complimentary seeds, subsidized loans and other facilities. India needs to now reinforce its efforts to make the fullest use of the Biodiesel Technology. Besides [Jatropha](https://pitchbook.com/profiles/company/51278-86), the avenues for extracting biodiesel from veggie oils, fats, sunflower, [rape seed](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) oil and palm oil need to also be checked out. It will not just provide an answer to the difficulty of Global Warming however could decrease our dependence on foreign oil and add to our own economy.
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