An electrical power system is an infinite vast complex network of sophisticated equipment and confederate
control to ensure a sustainable energy supply. Ever-increasing power demand in the recent decade has
made it difficult to maintain its viability. A rapid transformation in the internal architecture of power
system infrastructure is the need of the hour to continue the fictitious lifeline. With the passage of time,
electricity has become one of the most crucial elements with almost no substitute. Cutting edge energy-
efficient technologies and modern generation computational tools can trigger its growth to maximize its
potential, which may entirely transform the power sector scenario and make it future-ready. It is predicted
that the adoption of artificial intelligence mutually with data science must have a remarkable outcome to
incorporate and develop automation and move towards a smart grid by slashing energy consumption,
lowering prices, enhance transparency, gear up efficiency and boost clean green renewable sources
globally. AI can further improve the planning, operation, and intelligent control of power systems. Data-
intensive technologies can be introduced in diverse dimensions of the electricity value chain following an
authentic road map which may considerably reduce the conventional challenges and create significant
value. In this work, the authors have attempted to study, investigate, and explore the Power System's
present outline in context to India and summarize future possibilities, difficulties, and specific outcome in a
systematic, logical manner. This novel work shall benefit distinct researchers and dynamic academicians
to get a fundamental idea and strengthen their existing knowledge over the subject.