Waste the term which is usually creates a feeling of untidiness and unused matter in environment/ society. We know that now a day’s consumption of Electric energy is majorly employed in every industry, companies, domestics, etc. and it very essential for all. We know that present resources and fossil fuels are getting extinct. So, there is a necessity to find the alternative ways for production of electricity. This paper deals with great applications and management of the waste in an eco-friendly manner. The process of producing electric energy from the waste and utilization of its by-products are going to be discussed.