
M2 Capital Sdn. Bhd
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Founded Date February 18, 2010
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Sectors Construction / Facilities
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Company Description
Biodiesel Technology Need of the Hour for India
The non-renewability, ecological concerns and health hazards related to the nonrenewable fuel sources has actually caused expedition of alternative sources of energy to replace the traditional ones. An appealing technology, still in its infancy, that might reveal us the way to the future ahead is Biodiesels. Biodiesels are diesel fuels stemmed 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 includes no petroleum however can be mixed with petroleum diesel for usage or might be used in its pure form.
Developed nations specifically United States and European Countries have currently made significant advances in the Biodiesel Technology. Biodiesel have found its use throughout industries and verticals and might emerge as a perfect cleaner and more affordable option to fuel, diesel and nonrenewable fuel sources. India has actually likewise begun checking out the chances to produce and use bio-diesel. A number of plants for biodiesel transesterification are currently functioning in the nation where veggie oils are responded with alcohols (ethanol or methanol generally) to produce bio-diesel.
The primary reason for the increasing need for biodiesels is the fact that biodiesels are renewable and carbon-neutral, hence having no net influence on the environment. Besides, bio-diesel runs in compression engines just like typical petroleum diesel and hence can be used with little or no engine adjustments. Biodiesel do not require any different infrastructure for its storage and can be stored simply like the petroleum based fuels.
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 develop the Bio Diesel Technology in India and set up more oil processing units. The Government announced its ‘National Biofuel Policy’ on 12 September 2008 which intends to fulfill 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 used as the pre-dominant raw products 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 advantage of utilizing Jatropha as a basic material is that this plant can be grown in huge quantities in wastelands all throughout India requiring really little water in contrast to other money crops. Once grown, the plant has a helpful life expectancy of a number of decades. The Jatropha seeds contain 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 suitable for the Jatropha growing in the nation. India now
A research study estimates that even if a blending initiative of 2% Jatropha based Biodiesel is achieved in 2011-12, India will save around Rs. 3000 crores. Besides, it will create around Rs. 5500 crores in the rural economy and assistance in reduction 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 offering free seeds, subsidized loans and other centers. India requires to now enhance its efforts to make the maximum usage of the Biodiesel Technology. Besides Jatropha, the opportunities for extracting biodiesel from vegetable oils, fats, sunflower, rape seed oil and palm oil should also be . It will not just offer an answer to the obstacle of Global Warming but might reduce our reliance on foreign oil and add to our own economy.