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 <br>The non-renewability, ecological concerns and health risks associated with the nonrenewable fuel sources has actually resulted in expedition of alternative sources of energy to [replace](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) the conventional ones. An appealing technology, still in its infancy, that might show us the way to the future ahead is Biodiesels. Biodiesels are diesel fuels stemmed from vegetable oil or animal-fat that might be used to run diesel motors. Vegetables oils like sunflower, rape seed, palm oil, soya bean, [jatropha curcas](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and so on can be subjected to oil processing to produce biodiesels. It includes no petroleum however can be blended with petroleum diesel for usage or might be used in its pure kind.<br>
 <br>Developed nations specifically United States and European Countries have actually already made considerable advances in the [Biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) Technology. [Biodiesel](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) have discovered its use throughout industries and verticals and might emerge as a perfect cleaner and less expensive alternative to fuel, diesel and fossil fuels. India has actually likewise begun exploring the opportunities to produce and use bio-diesel. A variety of plants for [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) transesterification are already working in the country where vegetable oils are reacted with alcohols (ethanol or methanol generally) to produce bio-diesel.<br>
 <br>The primary factor for the [increasing](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) demand for biodiesels is the fact that biodiesels are sustainable and carbon-neutral, thus having no net effect on the climate. Besides, bio-diesel operates in compression engines simply like normal petroleum diesel and thus can be used with little or no engine adjustments. [Biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) do not require any different infrastructure for its storage and can be saved simply like the petroleum based fuels.<br>
 <br>Considering the growing energy need in the nation, rising petroleum costs and the environmental hazards of nonrenewable fuel sources, the Indian Government has taken up initiatives to establish the Bio Diesel Technology in India and set up more oil processing units. The Government revealed its 'National [Biofuel](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) Policy' on 12 September 2008 which aims to meet 20% of India's diesel demand with bio-fuels in the coming years.<br>
 <br>Globally, edible veggie oils like sunflower, soya bean, rape seed, palm oil are used as the pre-dominant raw products for oil processing and [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) production however in India the maximum capacity to produce biodiesels is from [Jatropha](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) oil - a non-edible one produced from the seeds of the [Jatropha curcas](https://www.google.com/search?kgmid=/m/0cqd_rb). The biggest advantage of using [jatropha curcas](https://www.crunchbase.com/organization/mission-newenergy) as a raw material is that this plant can be grown in substantial quantities in wastelands all across India needing extremely little water in comparison to other cash crops. Once grown, the plant has a useful life expectancy of a number of years. The [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) seeds contain 40% oil and are considered to be an excellent source of bio-diesel. The Government of India has identified 400,000 square kilometres of land appropriate for the [jatropha curcas](https://www.pinterest.com.au/missionnewenergy/) cultivation in the nation. India now<br>
 <br>A research study approximates that even if a mixing initiative of 2% [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) based [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is attained in 2011-12, India will  around Rs. 3000 crores. Besides, it will produce around Rs. 5500 crores in the rural economy and aid in decrease of Green House Gas emission by 3 Million Metric Tonnes (MMT) every year. The government is taking steps to encourage the growing of [Jatropha](https://www.businessnews.com.au/Company/Mission-NewEnergy) in India offering totally free seeds, subsidized loans and other centers. India requires to now strengthen its efforts to make the max usage of the [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) Technology. Besides [jatropha curcas](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/), the avenues for drawing out [biodiesel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) from vegetable oils, fats, sunflower, rape seed oil and palm oil must also be [explored](https://www.bloomberg.com/profile/company/MNELF:US). It will not just supply a response to the difficulty of Global Warming however might decrease our reliance on foreign oil and contribute to our own economy.<br>