
M2 Capital Sdn. Bhd
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Founded Date March 24, 1997
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Sectors Transport
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Company Description
Biodiesel Technology Need of the Hour for India
The non-renewability, and health dangers associated with the nonrenewable fuel sources has actually caused expedition of alternative sources of energy to replace the conventional ones. An appealing innovation, still in its infancy, that could reveal us the way to the future ahead is Biodiesels. Biodiesels are diesel fuels originated from veggie oil or animal-fat that might be used 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 includes no petroleum but can be combined with petroleum diesel for use or could be used in its pure type.
Developed countries particularly United States and European Countries have already made substantial advances in the Biodiesel Technology. Biodiesel have discovered its usage throughout markets and verticals and could emerge as an ideal cleaner and cheaper option to petrol, diesel and fossil fuels. India has actually likewise begun checking out the chances to produce and use bio-diesel. A variety of plants for biodiesel transesterification are already working in the country where vegetable oils are responded with alcohols (ethanol or methanol usually) to produce bio-diesel.
The main factor for the increasing need for biodiesels is the reality that biodiesels are renewable and carbon-neutral, hence having no net effect on the climate. Besides, bio-diesel runs in compression engines much like regular petroleum diesel and thus can be utilized with little or no engine adjustments. Biodiesel do not require any separate facilities for its storage and can be saved similar to the petroleum based fuels.
Considering the growing energy need in the country, increasing petroleum costs and the ecological hazards of nonrenewable fuel sources, the Indian Government has actually taken up initiatives to develop the Bio Diesel Technology in India and established more oil processing systems. The Government announced its ‘National Biofuel Policy’ on 12 September 2008 which intends to fulfill 20% of India’s diesel need with bio-fuels in the coming years.
Globally, edible vegetable oils like sunflower, soya bean, rape seed, palm oil are used as the pre-dominant basic materials for oil processing and biodiesel production but in India the optimal capacity to produce biodiesels is from Jatropha oil – a non-edible one produced from the seeds of the Jatropha curcas. The biggest benefit of using Jatropha as a basic material is that this plant can be grown in huge quantities in wastelands all throughout India needing really little water in comparison to other money crops. Once grown, the plant has a helpful life-span 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 actually determined 400,000 square kilometres of land appropriate for the Jatropha cultivation in the nation. India now
A study estimates that even if a blending initiative of 2% Jatropha based Biodiesel is achieved in 2011-12, India will conserve around Rs. 3000 crores. Besides, it will generate 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 federal government is taking steps to motivate the cultivation of Jatropha in India supplying complimentary seeds, subsidized loans and other centers. India requires to now strengthen its efforts to make the fullest usage of the Biodiesel Technology. Besides Jatropha, the opportunities for drawing out biodiesel from veggie oils, fats, sunflower, rape seed oil and palm oil ought to also be explored. It will not only supply an answer to the difficulty of Global Warming but could reduce our reliance on foreign oil and add to our own economy.