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<br>The non-renewability, environmental issues and health risks related to the nonrenewable fuel sources has led to expedition of alternative sources of energy to substitute the standard ones. A promising innovation, still in its infancy, that could show us the way to the future ahead is . Biodiesels are diesel fuels originated from veggie oil 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.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 mixed with petroleum diesel for use or could be used in its pure form.<br> |
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<br>Developed nations particularly United States and European Countries have already made substantial advances in the [Biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) Technology. [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) have discovered its usage throughout markets and verticals and might emerge as an ideal cleaner and less expensive option to gas, diesel and fossil fuels. India has also begun exploring the opportunities to produce and utilize bio-diesel. A variety of plants for [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) transesterification are currently functioning in the nation where veggie oils are reacted with alcohols (ethanol or methanol normally) to produce bio-diesel.<br> |
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<br>The primary reason for the increasing demand for biodiesels is the reality that biodiesels are eco-friendly and carbon-neutral, hence having no net effect on the environment. Besides, bio-diesel runs in compression engines much like normal petroleum diesel and hence can be used with little or no engine adjustments. Biodiesel do not require any separate infrastructure for its [storage](https://stocktwits.com/symbol/MNEL) and can be stored much like the [petroleum based](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html) fuels.<br> |
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<br>Considering the growing energy demand in the country, increasing petroleum costs and the environmental dangers of fossil fuels, the Indian Government has actually used up initiatives to develop the Bio Diesel Technology in India and established more oil processing units. The Government announced its 'National [Biofuel](https://stocktwits.com/symbol/MNEL) [Policy'](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) on 12 September 2008 which intends to meet 20% of India's diesel need with bio-fuels in the coming years.<br> |
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<br>Globally, edible veggie oils like sunflower, soya bean, rape seed, palm oil are utilized as the pre-dominant raw [materials](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) for oil processing and [biodiesel](https://www.zoominfo.com/c/mission-newenergy/346542889) production however in India the maximum potential to produce biodiesels is from [Jatropha oil](https://www.bloomberg.com/profile/company/MNELF:US) - a non-edible one [produced](https://stocktwits.com/symbol/MNEL) from the seeds of the [Jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html). The biggest benefit of using [Jatropha](https://pitchbook.com/profiles/company/51278-86) as a basic material is that this plant can be grown in substantial amounts in wastelands all across India needing very little water in comparison to other money crops. Once grown, the plant has a useful life-span of numerous years. The [jatropha curcas](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) seeds include 40% oil and are thought about to be an outstanding source of bio-diesel. The Government of India has actually recognized 400,000 square kilometres of land appropriate for the [jatropha curcas](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) cultivation in the country. India now<br> |
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<br>A study approximates that even if a blending effort of 2% [Jatropha](https://www.pinterest.com.au/missionnewenergy/) based Biodiesel 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 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 growing of [Jatropha](https://www.google.com/search?kgmid=/m/0cqd_rb) in India offering complimentary seeds, subsidized loans and other facilities. India requires to now enhance its efforts to make the fullest use 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.pinterest.com.au/missionnewenergy/), the opportunities for extracting [biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) from veggie oils, fats, sunflower, rape seed oil and palm oil need to also be checked out. It will not only offer an answer to the difficulty of Global Warming but might reduce our dependence on foreign oil and add to our own economy.<br> |
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