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M2 Capital Sdn. Bhd

Overview

  • Founded Date April 23, 1988
  • Sectors Psychiatry doctors
  • Posted Jobs 0
  • Viewed 59

Company Description

Biodiesel Technology Need of the Hour for India

The non-renewability, environmental issues and health dangers connected with the nonrenewable fuel sources has led to exploration of alternative sources of energy to replace the traditional ones. A promising technology, still in its infancy, that might show us the method to the future ahead is Biodiesels. Biodiesels are diesel fuels originated from vegetable oil or animal-fat that might be utilized to run diesel engines. Vegetables oils like sunflower, rape seed, palm oil, soya bean, Jatropha etc can be subjected to oil processing to produce biodiesels. It includes no petroleum however can be combined with petroleum diesel for usage or might be used in its pure kind.

Developed countries specifically United States and European Countries have actually already made considerable advances in the Biodiesel Technology. Biodiesel have actually found its use across markets and verticals and might become an ideal cleaner and more affordable option to gas, diesel and nonrenewable fuel sources. India has actually also started exploring the chances to produce and use bio-diesel. A variety of plants for biodiesel transesterification are currently working in the country where veggie oils are responded with alcohols (ethanol or methanol typically) to produce bio-diesel.

The main reason for the increasing need for biodiesels is the truth that biodiesels are eco-friendly and carbon-neutral, therefore having no net influence on the environment. Besides, bio-diesel runs in compression engines similar to normal petroleum diesel and thus can be utilized with little or no engine modifications. Biodiesel do not need any separate infrastructure for its storage and can be saved much like the petroleum based fuels.

Considering the growing energy demand in the country, rising petroleum rates and the ecological dangers of nonrenewable fuel sources, the Indian Government has actually used up efforts to establish the Bio Diesel Technology in India and established more oil processing units. The Government announced its ‘National Biofuel Policy’ on 12 September 2008 which aims to meet 20% of India’s diesel need with bio-fuels in the coming years.

Globally, edible veggie oils like sunflower, soya bean, rape seed, palm oil are utilized as the pre-dominant raw products for oil processing and biodiesel production however in India the optimal potential to produce biodiesels is from Jatropha oil – a non-edible one produced from the seeds of the Jatropha curcas. The biggest of using Jatropha as a raw product is that this plant can be grown in huge amounts in wastelands all across India needing extremely little water in contrast to other money crops. Once grown, the plant has a helpful life-span of a number of decades. The Jatropha seeds include 40% oil and are thought about to be an exceptional source of bio-diesel. The Government of India has determined 400,000 square kilometres of land ideal for the Jatropha cultivation in the country. India now

A research study approximates that even if a mixing initiative of 2% Jatropha 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 aid in decrease of Green House Gas emission by 3 Million Metric Tonnes (MMT) every year. The government is taking actions to motivate the cultivation of Jatropha in India providing totally free seeds, subsidized loans and other facilities. India needs to now reinforce its efforts to make the max use of the Biodiesel Technology. Besides Jatropha, the avenues for drawing out biodiesel from veggie oils, fats, sunflower, rape seed oil and palm oil ought to also be checked out. It will not only offer an answer to the challenge of Global Warming however could decrease our dependence on foreign oil and add to our own economy.