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<br>The non-renewability, environmental concerns and health hazards related to the fossil fuels has caused expedition of alternative sources of energy to [replace](https://stocktwits.com/symbol/MNEL) the traditional ones. A promising technology, still in its infancy, that might show us the way to the future ahead is Biodiesels. Biodiesels are diesel fuels stemmed from grease or animal-fat that might be utilized to run [diesel motors](https://forest500.org/rankings/companies/mission-newenergy-limited). [Vegetables oils](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) like sunflower, rape seed, palm oil, soya bean, [jatropha curcas](https://www.businessnews.com.au/Company/Mission-NewEnergy) and so on can be subjected to oil processing to produce biodiesels. It consists of no petroleum however can be blended with petroleum diesel for usage or might be used in its pure type.<br>
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<br>Developed nations particularly United States and European Countries have actually currently made significant advances in the Biodiesel Technology. Biodiesel have [discovered](https://www.google.com/search?kgmid=/m/0cqd_rb) its usage across industries and verticals and might emerge as an ideal cleaner and cheaper option to gas, diesel and fossil fuels. India has likewise begun exploring the opportunities to produce and utilize bio-diesel. A number of plants for biodiesel transesterification are already operating in the nation where veggie oils are responded with alcohols (ethanol or methanol normally) to produce bio-diesel.<br>
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<br>The main reason for the increasing need for biodiesels is the fact that biodiesels are eco-friendly and carbon-neutral, hence having no net effect on the environment. Besides, bio-diesel runs in [compression engines](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html) simply like typical petroleum diesel and hence can be used with little or no engine modifications. Biodiesel do not need any separate infrastructure for its storage and can be kept much like the petroleum based fuels.<br>
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<br>Considering the growing energy demand in the nation, increasing petroleum rates and the environmental dangers of fossil fuels, the Indian Government has actually 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.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) Policy' on 12 September 2008 which intends to fulfill 20% of India's diesel demand with bio-fuels in the coming years.<br>
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<br>Globally, [edible veggie](https://www.google.com/search?kgmid=/m/0cqd_rb) oils like sunflower, soya bean, rape seed, are used as the pre-dominant raw products for oil processing and [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) production but in India the optimal potential 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](https://www.crunchbase.com/organization/mission-newenergy) [jatropha curcas](https://www.proactiveinvestors.co.uk/companies/news/159352/mission-newenergy-debt-free-focused-on-biofuel-joint-venture-60797.html). The greatest [advantage](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) of utilizing [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) as a raw material is that this plant can be grown in big quantities in wastelands all throughout India needing really little water in comparison to other money crops. Once grown, the plant has a helpful lifespan of numerous years. The [Jatropha](https://pitchbook.com/profiles/company/51278-86) seeds consist of 40% oil and are considered to be an excellent source of bio-diesel. The Government of India has actually recognized 400,000 square kilometres of land suitable for the [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) cultivation in the country. India now<br>
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<br>A research study approximates that even if a blending initiative of 2% [jatropha curcas](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) based [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) is achieved in 2011-12, India will save around Rs. 3000 crores. Besides, it will generate 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 steps to encourage the cultivation of [jatropha curcas](https://forest500.org/rankings/companies/mission-newenergy-limited) in India providing totally free seeds, subsidized loans and other facilities. India requires to now strengthen its efforts to make the maximum usage of the Biodiesel Technology. Besides [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/), the avenues for extracting biodiesel from vegetable oils, fats, sunflower, rape seed oil and palm oil should also be explored. It will not just offer an answer to the difficulty of [Global Warming](https://www.crunchbase.com/organization/mission-newenergy) but might reduce our dependence on foreign oil and add to our own economy.<br>
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