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The non-renewability, environmental issues and health dangers associated with the fossil fuels has resulted in exploration of [alternative sources](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) of energy to substitute the traditional ones. An appealing innovation, still in its infancy, that could reveal us the way to the future ahead is Biodiesels. Biodiesels are diesel fuels stemmed from veggie oil or animal-fat that might be utilized to run [diesel engines](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608). [Vegetables](https://www.google.com/search?kgmid=/m/0cqd_rb) oils like sunflower, rape seed, palm oil, soya bean, [Jatropha](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) and so on can be subjected to oil processing to produce biodiesels. It consists of 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 particularly United States and European Countries have currently made significant advances in the [Biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) Technology. Biodiesel have actually discovered its use throughout industries and verticals and might become an ideal cleaner and less expensive alternative to gas, diesel and fossil fuels. India has actually likewise begun exploring the opportunities to produce and use bio-diesel. A of plants for [biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) transesterification are already operating in the country where vegetable oils are responded with alcohols (ethanol or methanol typically) to produce bio-diesel.
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The main factor for the increasing demand for biodiesels is the reality that biodiesels are eco-friendly and carbon-neutral, therefore having no net effect on the environment. Besides, bio-diesel operates in compression engines much like typical petroleum diesel and hence can be utilized with little or no engine modifications. [Biodiesel](https://biodieselmagazine.com/articles/felda-global-buys-missions-kuantan-port-plant-for-11-5-million-9053) do not need any separate facilities for its storage and can be saved much like the petroleum based fuels.
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Considering the growing energy need in the country, increasing petroleum costs and the ecological threats of fossil fuels, the Indian Government has used up efforts to [establish](https://www.intelligentinvestor.com.au/shares/asx-mbt/mission-newenergy-limited/share-price) the Bio Diesel Technology in India and established more oil processing units. The Government revealed its 'National [Biofuel](https://www.energy-xprt.com/companies/mission-newenergy-limited-36048) Policy' on 12 September 2008 which aims to satisfy 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 used as the pre-dominant raw products for oil processing and [biodiesel](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) production but in India the optimal 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 most significant benefit of using [jatropha curcas](https://www.zonebourse.com/cours/action/MISSION-NEWENERGY-LIMITED-8557641/) as a raw material is that this plant can be grown in huge [quantities](https://www.crunchbase.com/organization/mission-newenergy) in [wastelands](https://stocktwits.com/symbol/MNEL) all throughout India needing really little water in comparison to other money crops. Once grown, the plant has a useful life-span of several years. The [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) seeds consist of 40% oil and are considered to be an outstanding source of bio-diesel. The Government of India has determined 400,000 square kilometres of land appropriate for the [Jatropha](https://www.businessnews.com.au/Company/Mission-NewEnergy) growing in the country. India now
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A study approximates that even if a blending initiative of 2% [jatropha curcas](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) based Biodiesel is achieved in 2011-12, India will conserve around Rs. 3000 crores. Besides, it will produce around Rs. 5500 crores in the rural economy and assistance in decrease of Green House Gas emission by 3 Million Metric Tonnes (MMT) every year. The federal government is taking actions to encourage the cultivation of [jatropha curcas](https://www.sec.gov/Archives/edgar/data/1463471/000165495419013063/R31.htm) in India providing free seeds, subsidized loans and other centers. India requires to now enhance its efforts to make the max usage of the Biodiesel Technology. Besides [Jatropha](https://pitchbook.com/profiles/company/51278-86), the opportunities for drawing out [biodiesel](https://www.investing.com/equities/mission-newenergy-ltd-company-profile) from vegetable oils, fats, sunflower, rape seed oil and palm oil should also be checked out. It will not just supply a response to the obstacle of Global Warming however might decrease our reliance on foreign oil and contribute to our own economy.
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