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Algae Biofuels-The third-generation biofuels,appear to be the only source of renewable biodiesel that is capable of meeting the global demand for transport fuels. Like plants, micro algae use sunlight to produce oils but they do so more efficiently than crop plants. Oil productivity of many micro algae greatly exceeds the oil productivity of the best producing oil crops. Micro algae can provide several different types of renewable biofuels. These include methane produced by anaerobic digestion of the algal biomass (Spolaore et al., 2006); biodiesel derived from micro algal oil (Roessler et al., 1994; Sawayama et al., 1995; Dunahay et al., 1996; Sheehan et al., 1998; Banerjee et al., 2002; Gavrilescu and Chisti, 2005); and photobiologically produced biohydrogen (Ghirardi et al., 2000; Akkerman et al., 2002; Melis, 2002; Fedorov et al., 2005; Kapdan and Kargi, 2006). It is possible to extract a number of valuable and useful by-products from the algal biomass, including fatty acid, amino acids, plant hormones, pigments, oils for biodiesel, nutracueticals, metabolites and ß-carotene. With this in reference Algal Biotechnology Department was established in Medors Biotech P Ltd. The Department of Algal Biotechnology has high quality facilities and equipment for research and for the maintenance of fresh water and marine Germplasm. Our largest project is a Cooperative Agreement by the Department of Biotechnology, New Delhi with Bharathidasan University, Trichurappalli (TN) and National Botanical Research Institute Lucknow on the production of Oilgae on industry level for the production of Biodiesel. We are working for the production of Biogas from algal biomass in co-operation with Mechanical Engineering Research and Development Organization (CSIR), Ludhiana. Capabilities
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