From d6459e5135c7dd17327a006c88ee0f78055ee47c Mon Sep 17 00:00:00 2001 From: Teri Lincoln Date: Sun, 12 Jan 2025 01:19:50 +0000 Subject: [PATCH] Add Biodiesel Technology Need of the Hour For India --- Biodiesel-Technology-Need-of-the-Hour-For-India.md | 6 ++++++ 1 file changed, 6 insertions(+) create mode 100644 Biodiesel-Technology-Need-of-the-Hour-For-India.md 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..62cf4ca --- /dev/null +++ b/Biodiesel-Technology-Need-of-the-Hour-For-India.md @@ -0,0 +1,6 @@ +
The non-renewability, ecological concerns and health dangers associated with the fossil fuels has actually led to exploration of alternative sources of energy to replace the traditional ones. An appealing innovation, 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](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) etc can be subjected to oil processing to produce biodiesels. It includes no [petroleum](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) however can be blended with petroleum diesel for usage or might be used in its pure form.
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Developed countries especially United States and European Countries have already made substantial advances in the Biodiesel Technology. [Biodiesel](https://www.google.com/search?kgmid=/m/0cqd_rb) have found its use across markets and verticals and could emerge as an ideal cleaner and cheaper alternative to petrol, diesel and nonrenewable fuel sources. India has likewise started exploring the chances to produce and use bio-diesel. A number of plants for [biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) transesterification are already operating in the country where veggie oils are responded with alcohols (ethanol or methanol typically) to produce bio-diesel.
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The main factor for the increasing demand for biodiesels is the truth that [biodiesels](https://www.zoominfo.com/c/mission-newenergy/346542889) are eco-friendly and carbon-neutral, therefore having no net effect on the [climate](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/). Besides, bio-diesel runs in compression engines much like [normal petroleum](https://www.bloomberg.com/profile/company/MNELF:US) diesel and hence can be used with little or no engine modifications. [Biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) 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 demand in the country, increasing petroleum rates and the ecological hazards of fossil fuels, the Indian Government has actually used up efforts to establish the Bio Diesel Technology in India and more oil processing units. The Government announced its 'National [Biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Policy' on 12 September 2008 which intends to fulfill 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 utilized as the pre-dominant raw products for oil processing and biodiesel production however in India the optimal potential to produce biodiesels is from [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) oil - a non-edible one produced from the seeds of 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). The biggest benefit of using [Jatropha](https://pitchbook.com/profiles/company/51278-86) as a raw [product](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) is that this plant can be grown in big quantities in wastelands all across India needing really little water in comparison to other cash crops. Once grown, the plant has a useful life-span of numerous decades. The [Jatropha](https://www.crunchbase.com/organization/mission-newenergy) seeds contain 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.crunchbase.com/organization/mission-newenergy) growing in the country. India now
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A research study approximates that even if a blending effort of 2% [Jatropha](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) based [Biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) is accomplished in 2011-12, India will conserve around Rs. 3000 crores. Besides, it will generate 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 government is taking actions to motivate the growing of [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) in India providing totally free seeds, subsidized loans and other centers. India requires to now enhance its efforts to make the fullest use of the [Biodiesel](https://www.crunchbase.com/organization/mission-newenergy) Technology. Besides [jatropha curcas](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/), the opportunities for [extracting biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) from veggie oils, fats, sunflower, rape seed oil and palm oil must also be checked out. It will not just offer a response to the obstacle of Global Warming but might decrease our dependence on foreign oil and contribute to our own economy.
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