With natural gas prices being steadily on the rise, EIA reports indicate an expected decline in the usage of natural gas for power generation. The increasing costs of fossilized fuel resources, their limited availability and steady demand now make it mandatory for countries to consider energy saving means to utilise these resources for power generation. Energy efficiency in power generation enables countries to harness precious natural resources in a sustainable manner. It has been observed and reported that conventional power plants generating electricity from natural resources tend to lose a major part of it during different stages of the process…