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The non-renewability, ecological issues and health hazards associated with the nonrenewable fuel sources has actually led to [exploration](https://www.crunchbase.com/organization/mission-newenergy) of alternative sources of energy to replace the standard ones. An appealing technology, still in its infancy, that could reveal us the method to the future ahead is Biodiesels. Biodiesels are diesel fuels stemmed from vegetable oil or animal-fat that could be utilized to run diesel engines. Vegetables oils like sunflower, rape seed, palm oil, soya bean, [Jatropha](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) etc can be subjected to oil processing to produce biodiesels. It contains no petroleum but can be blended with petroleum diesel for usage or might be used in its pure form.
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Developed countries specifically United States and European Countries have actually currently made substantial advances in the Biodiesel Technology. Biodiesel have discovered its use across markets and verticals and might become a [perfect cleaner](https://stocktwits.com/symbol/MNEL) and cheaper alternative to petrol, diesel and fossil fuels. India has actually also started exploring the opportunities 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 normally) to produce bio-diesel.
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The [primary](https://www.businessnews.com.au/Company/Mission-NewEnergy) 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 environment. Besides, [bio-diesel runs](https://www.bloomberg.com/profile/company/MNELF:US) in compression engines just like typical petroleum diesel and for this reason can be utilized with little or no engine adjustments. Biodiesel do not require any different infrastructure for its storage and can be kept just like the petroleum based fuels.
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Considering the growing energy need in the nation, increasing petroleum prices and the ecological threats of nonrenewable fuel sources, the Indian has actually used up initiatives to establish the Bio Diesel Technology in India and established more oil processing units. The Government announced its 'National [Biofuel](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) Policy' on 12 September 2008 which [intends](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to meet 20% of India's diesel demand with bio-fuels in the coming years.
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Globally, edible vegetable oils like sunflower, soya bean, rape seed, palm oil are used as the pre-dominant basic materials for oil processing and [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) production but in India the optimal potential to produce biodiesels is from [jatropha curcas](https://www.zoominfo.com/c/mission-newenergy/346542889) oil - a non-edible one produced from the seeds of the [Jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited). The greatest advantage of using [Jatropha](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) as a raw product is that this plant can be grown in substantial quantities in [wastelands](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) all throughout India needing really little water in contrast to other cash crops. Once grown, the plant has a helpful life expectancy of several years. The [jatropha curcas](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) seeds include 40% oil and are considered to be an excellent source of bio-diesel. The Government of India has actually recognized 400,000 square kilometres of land suitable for the [Jatropha](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) [cultivation](https://www.businessnews.com.au/Company/Mission-NewEnergy) in the nation. India now
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A study estimates that even if a blending initiative of 2% [jatropha curcas](https://www.zoominfo.com/c/mission-newenergy/346542889) based Biodiesel is achieved in 2011-12, India will save around Rs. 3000 crores. Besides, it will create around Rs. 5500 crores in the rural economy and assistance in reduction 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](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) in India supplying [totally free](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) seeds, subsidized loans and other facilities. India needs to now reinforce its efforts to make the maximum usage of the [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) Technology. Besides [Jatropha](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price), the avenues for drawing out [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) from vegetable oils, fats, sunflower, rape seed oil and palm oil ought to also be explored. It will not just offer a response to the difficulty of Global Warming however might decrease our reliance on foreign oil and add to our own economy.
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