From 77d3a8bcfba037961f15fcdc1167a643582eda94 Mon Sep 17 00:00:00 2001 From: Dianna Snowden Date: Sat, 11 Jan 2025 22:40:59 +0800 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..89531b4 --- /dev/null +++ b/Biodiesel-Technology-Need-of-the-Hour-For-India.md @@ -0,0 +1,6 @@ +
The non-renewability, environmental concerns and health risks associated with the fossil fuels has led to expedition of alternative sources of energy to replace the traditional ones. A promising innovation, still in its infancy, that might show us the method to the future ahead is Biodiesels. Biodiesels are [diesel fuels](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) [originated](https://stocktwits.com/symbol/MNEL) from grease or animal-fat that might be used to run diesel motors. [Vegetables](https://www.crunchbase.com/organization/mission-newenergy) oils like sunflower, rape seed, palm oil, soya bean, [Jatropha](https://www.businessnews.com.au/Company/Mission-NewEnergy) 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 kind.
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Developed countries especially United States and [European Countries](https://stocktwits.com/symbol/MNEL) have actually currently made considerable advances in the [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) Technology. [Biodiesel](https://stocktwits.com/symbol/MNEL) have discovered its use throughout markets and verticals and might emerge as an ideal cleaner and less expensive alternative to petrol, diesel and nonrenewable fuel sources. India has actually likewise started checking out the chances to produce and use bio-diesel. A number of plants for are already functioning in the country where vegetable oils are responded with alcohols (ethanol or methanol generally) to produce bio-diesel.
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The primary reason for the increasing need for biodiesels is the fact that biodiesels are renewable and carbon-neutral, hence having no net influence on the climate. Besides, bio-diesel runs in compression engines just like regular petroleum diesel and hence can be used with little or no engine adjustments. [Biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) do not require any separate facilities for its storage and can be saved simply like the petroleum based fuels.
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Considering the growing energy need in the nation, increasing petroleum costs and the environmental risks of fossil fuels, the Indian Government has actually used 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/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) 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 basic materials for oil processing and [biodiesel](https://www.crunchbase.com/organization/mission-newenergy) production however in India the optimal potential to produce biodiesels is from [Jatropha](https://www.crunchbase.com/organization/mission-newenergy) 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 utilizing [Jatropha](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) as a raw product is that this plant can be grown in huge quantities in wastelands all across India needing very little water in contrast to other money crops. Once grown, the plant has a beneficial lifespan of several decades. 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) seeds contain 40% oil and are considered to be an excellent source of bio-diesel. The Government of India has determined 400,000 square kilometres of land suitable for the [Jatropha](https://pitchbook.com/profiles/company/51278-86) cultivation in the country. India now
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A study approximates that even if a blending initiative of 2% [jatropha curcas](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) [based Biodiesel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) is [attained](https://www.bloomberg.com/profile/company/MNELF:US) in 2011-12, India will save around Rs. 3000 crores. Besides, it will create 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](https://pitchbook.com/profiles/company/51278-86) in India providing complimentary seeds, subsidized loans and other centers. India requires to now reinforce its efforts to make the max usage of the Biodiesel Technology. Besides [Jatropha](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/), the opportunities for drawing out [biodiesel](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) from veggie oils, fats, sunflower, rape seed oil and palm oil should also be checked out. It will not just supply an answer to the difficulty of Global Warming but could reduce our reliance on foreign oil and add to our own economy.
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