Biodiesel: Energy is one of the most important ingredients required to alleviate poverty, realize socio-economic and human development. The energy prospect is generally assessed on the basis of available commercial sources i.e., fossil fuel like gas, coal, oil etc. The fossil fuels are depleting in a rapid rate and are harder to retrieve. They are harmful for the environment. The solution for the above problems can be resolved by renewable energy. The renewable energy covers solar, wind, biomass, small hydro, geo- thermal, tidal, wave etc. in different form. Biodiesel is such type of renewable energy that involves scope for reclamation.