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M2 Capital Sdn. Bhd
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Founded Date April 6, 1998
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Sectors Non Governmental Organizations
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Posted Jobs 0
Company Description
Biodiesel Technology Need of the Hour for India
The non-renewability, ecological issues and health dangers related to the nonrenewable fuel sources has actually led to expedition of alternative sources of energy to replace the standard ones. An appealing technology, still in its infancy, that could show us the method to the future ahead is Biodiesels. Biodiesels are diesel fuels from veggie oil or animal-fat that could be utilized to run diesel engines. Vegetables oils like sunflower, rape seed, palm oil, soya bean, Jatropha and so on can be subjected to oil processing to produce biodiesels. It consists of no petroleum but can be blended with petroleum diesel for usage or might be utilized in its pure form.
Developed countries particularly United States and European Countries have currently made significant advances in the Biodiesel Technology. Biodiesel have actually found its usage throughout markets and verticals and could emerge as an ideal cleaner and less expensive option to petrol, diesel and fossil fuels. India has likewise started checking out the chances to produce and use bio-diesel. A variety of plants for biodiesel transesterification are currently operating 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 sustainable and carbon-neutral, hence having no net influence on the climate. Besides, bio-diesel operates in compression engines much like typical petroleum diesel and for this reason can be used with little or no engine adjustments. Biodiesel do not require any different facilities for its storage and can be stored similar to the petroleum based fuels.
Considering the growing energy demand in the country, rising petroleum costs and the environmental hazards of nonrenewable fuel sources, the Indian Government has used up efforts to develop the Bio Diesel Technology in India and established more oil processing systems. The Government revealed its ‘National Biofuel Policy’ on 12 September 2008 which aims to satisfy 20% of India’s diesel demand 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 basic materials for oil processing and biodiesel production but in India the maximum potential to produce biodiesels is from Jatropha oil – a non-edible one produced from the seeds of the Jatropha curcas. The greatest benefit of utilizing Jatropha as a raw product is that this plant can be grown in substantial quantities in wastelands all throughout India needing very little water in contrast to other money crops. Once grown, the plant has a beneficial lifespan of several years. The Jatropha seeds include 40% oil and are considered to be an excellent source of bio-diesel. The Government of India has recognized 400,000 square kilometres of land suitable for the Jatropha cultivation in the country. India now
A study estimates that even if a mixing effort of 2% Jatropha based Biodiesel is achieved in 2011-12, India will save 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 motivate the growing of Jatropha in India offering complimentary seeds, subsidized loans and other centers. India needs to now strengthen its efforts to make the maximum usage of the Biodiesel Technology. Besides Jatropha, the opportunities for drawing out biodiesel from vegetable oils, fats, sunflower, rape seed oil and palm oil need to likewise be checked out. It will not only supply a response to the challenge of Global Warming however might reduce our reliance on foreign oil and contribute to our own economy.