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BIO FUEL
More than 100 years ago, a brilliant inventor named Rudolph Diesel designed the original Diesel engine to run on vegetable oil. Dr. Rudolph Diesel used peanut oil to fuel one of his engines at the Paris Exposition of 1900 [1]. Transesterification is not a new process. Scientists E. Duffy and J. Patrick conducted it as early as 1853. One of the first uses of transesterified vegetable oil was powering heavy-duty vehicles in South Africa before World War II. The name ‘‘biodiesel’’ has been given to transesterified vegetable oil to describe its use as a Diesel fuel.
IKF Bio Disel Model
Arguments for Bio Diesel
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Environmental Benefits
•  The use of bio fuel leads to a significant reduction of virtually all regulated emissions. Biodiesel does not pose a threat to human health.
•  A U.S. Department of Energy study showed that the production and use of biodiesel, compared to petroleum diesel, resulted in a 78.5% reduction in carbon dioxide emissions.

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Positive Energy Balance
Every unit of energy needed to produce a gallon of biodiesel, 3.24 units of energy are gained.

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Energy Security
Energy Security is a primary concern for all the countries. Growing economies are leading to increase in the energy demand. This combined with the increasing cost of fossil fuel extraction is leading to continuous price hike of oil.

However agricultural commodity prices are lower, and also the cost of extracting bio diesel is relatively lower. India has a rich source of agricultural commodities (Jatropa). This will contribute to self sufficiency in our energy needs. This means greater Energy Security.

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Economic Benefits
The cultivation and extraction of Jatropa ( IKF’s bio fuel source) is leading to employment generation. In India the approximate demand for Petro-Diesel up to 2006-07 is estimated 520 lakh Tons. This amount may go up to 670 lakh Tons during the year 2011-12. 26 lakh Tons of Bio-Diesel will be required upto 2006-07 to mix 5% of Bio-Diesel with Petro-Diesel This requires cultivation of Jatropa on about 25 lakh hectares of land. This will also generate scope for 33 lakh 50 thousand job opportunities. Moreover the jobs are being created in economically backward regions of the country and is having a great social impact on the local economy.

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Safety Benefits
Biodiesel offers safety benefits over petroleum diesel because it is much less combustible, with a flash point greater than 150°C, compared to 77°C for petroleum diesel. It is safe to handle, store, and transport.

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Quality Benefits

Cars built since 1994 that are already equipped with diesel engines can run even 100 percent biodiesel with little or no modification. Hence the adoption of bio fuel is easy & seamless.

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IKF’s Bio Fuel Model
IKF’s bio fuel model is based on Jatropa produce.

The harvesting period for seeds of Jatropha podogrica is September to June.

Benefits of Jatropa
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Production Benefits
• They are not perishable, they are hardy
• They are easily cultivated even in wastelands. It can be easily grown on various soils and in different climatic and environmental conditions. Jatropa can be cultivated throughout India. Jatropa plant grows rapidly and does not usually require irrigation, artificial manure etc
• Cultivation of Jatropa is helpful for earth and soil conservation and environmental balance.
• From about 35% to 40% of oil can be extracted from its seed which is maximum in comparison to other vegetable seeds..
• Animals do not eat jatropa plants. For this reason it can be planted on the four sides of the arable land as fence.
• Jatropa plants are free from the attack of diseases of pest.

x Economic Benefits of Jatropa
• 2500 jatropa plants can be sown on one hectare of land. Where rainfall is inadequate, this number comes down to about 1600 plants per hectare of land.

• The jatropa plant gets ready for growing seeds within about two years.

• From one to two kilogram of seeds can be obtained from each plant per year. Similarly three tons of seeds can be obtained per year from one hectare of land under jatropa cultivation.

• 350 kg bio-diesel per year is available from one ton seeds and one hectare of land under jatropa cultivation can make a net profit of Rs. 15000/- per year.

 
 
 

The company entered into a bipartite contract agreement with Forest Development Corporation of Meghalaya. 2. The corporate office of the company has shifted from Nanak Pura, New Delhi to IKF House , A-56, Sector -16, Noida -201301.

 
 
 
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