The current power grid is undoubtedly one of the significant engineering achievement of the 20th century. However, it is increasingly outdated and overburdened, leading to costly blackouts and burnouts. For this and various other reasons, a reliable, universal and secure communication infrastructure is mandatory for the implementation and deployment of the future smart grid. New wired and wireless technologies for networking are emerging in addition to the formerly applied to help upgrade the current power grid. However, the interdependencies and communications between all the assets that make up the new power grids are a fundamental pillar, as they represent the means by which all devices communicate within the smart grid network. Globally the rising need for clean & green energy is primarily driving the smart grid networking market . Smart Grid technologies are witnessed to handle much complex flow of power on the modern grid. The smart grid market across the globe is induc...