Development of alternative renewable liquid fuels have become now a days necessity for better economy of the country and saving the environment from further deterioration. The thrust for alternative renewable sources of liquid transport fuel is driven by factors like global warming and long term availability of fossil-based crude oil. The pressure of the increasing fuel prices, deteriorating global supplies of crude oil and legislation to control pollution has resulted in both for aggressive renewable fuel policies and a quick growth in the emerging bio-fuel industry. Also, on other hand...