Energy is the most essential element for social and economic development of a country. It is considered to be the backbone of any economy because of its foremost demand in running industries and machinery. A fast increase in the demand of energy has been observed from last few decades as a result of increasing population and industrial development. On other hand a sharp decline in the production of energy as compare to demand can be observed as well. The supply of energy is far less to meet current energy demands of the country. We are facing severe energy crises in our country lately. Energy crises can be defined as “any great bottleneck (or price rise) in the supply of energy resources to an economy