The current scenario of Indian Power Sector demands commercial and financial viability of utility in order to meet the growing demands for electricity. Lot of investments are called for, in augmentation of generation. Energy saved is better than energy generated. This paper emphasis on how the governments can achieve this through the adoption of new technologies for improving the efficiencies and through costbenefit analysis. India as a developing country has better opportunities to adopt Energy Efficient technologies .The need of the hour is the usage of Amorphous Metal Transformers, Energy Efficient pump sets, installation of Capacitor Banks & Compact Fluorescent lamps and Single -phase High VoltageDistribution System (HVDS). For the proposed work both software and hardware methods are developed.