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The non-renewability, environmental issues and health threats related to the fossil fuels has resulted in exploration of [alternative sources](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of energy to replace the conventional ones. A promising innovation, still in its infancy, that could show us the method to the future ahead is Biodiesels. Biodiesels are diesel fuels obtained from grease or animal-fat that could be used to run [diesel engines](https://www.google.com/search?kgmid=/m/0cqd_rb). Vegetables oils like sunflower, rape seed, palm oil, soya bean, [jatropha curcas](https://www.google.com/search?kgmid=/m/0cqd_rb) and so on can be subjected to oil processing to produce biodiesels. It contains no petroleum but can be blended with [petroleum diesel](https://www.crunchbase.com/organization/mission-newenergy) for use or might be used in its pure type.
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Developed countries specifically United States and European Countries have already made substantial advances in the Biodiesel Technology. [Biodiesel](https://www.crunchbase.com/organization/mission-newenergy) have discovered its usage throughout markets and verticals and could become an ideal cleaner and cheaper option to fuel, diesel and fossil fuels. India has also begun exploring the opportunities to produce and use bio-diesel. A number of plants for biodiesel transesterification are currently working in the nation where vegetable oils are responded with alcohols (ethanol or methanol normally) to produce bio-diesel.
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The main factor for the increasing need for biodiesels is the fact that biodiesels are sustainable and carbon-neutral, thus having no net effect on the environment. Besides, bio-diesel runs in compression engines similar to regular petroleum diesel and thus can be used with little or no engine modifications. [Biodiesel](https://www.bloomberg.com/profile/company/MNELF:US) do not [require](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) any separate infrastructure for its storage and can be kept much like the petroleum based fuels.
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Considering the growing energy demand in the country, increasing petroleum rates and the environmental hazards of nonrenewable fuel sources, the Indian Government has actually taken up [initiatives](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) to develop the Bio Diesel Technology in India and established more oil processing units. The Government announced its 'National [Biofuel](https://www.google.com/search?kgmid=/m/0cqd_rb) Policy' on 12 September 2008 which aims 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 utilized as the pre-dominant basic materials for oil processing and [biodiesel](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [production](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) however in India the maximum potential to produce biodiesels is from [jatropha curcas](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) oil - a non-edible one produced from the seeds of the [Jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html). The biggest benefit of using [Jatropha](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) as a raw material is that this plant can be grown in big amounts in wastelands all throughout India requiring very little water in contrast to other money crops. Once grown, the plant has a beneficial life-span of several decades. The [jatropha curcas](https://www.google.com/search?kgmid=/m/0cqd_rb) seeds contain 40% oil and are thought about to be an exceptional source of bio-diesel. The Government of India has identified 400,000 square kilometres of land suitable for the [Jatropha](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 country. India now
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A research that even if a mixing initiative of 2% [Jatropha](https://www.businessnews.com.au/Company/Mission-NewEnergy) based Biodiesel is [achieved](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) in 2011-12, India will save around Rs. 3000 crores. Besides, it will create 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 government is taking steps to encourage the growing of [jatropha curcas](https://www.businessnews.com.au/Company/Mission-NewEnergy) in India providing complimentary seeds, subsidized loans and other facilities. India needs to now enhance its efforts to make the max use of the Biodiesel Technology. Besides [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159346/mission-newenergy-delivers-maiden-biodiesel-production-to-global-oil-major-24476.html), the avenues for drawing out biodiesel from veggie oils, fats, sunflower, rape seed oil and palm oil must also be checked out. It will not just offer an answer to the challenge of Global Warming but could [decrease](https://pitchbook.com/profiles/company/51278-86) our reliance on foreign oil and contribute to our own economy.
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