Quality of electricity with continuity is the reliability of the power system which is inversely proportional with the duration of power supply interruption. It depends on some expected or unexpected faults/failures on the systems, speed of protecting systems, preventive maintenance, and motivation of technical staffs. The detailed study of the distribution system is more crucial as its reliability is the concern of utility’s fame, service, customers’ satisfactions and reflects to the overall revenue. The relevant articles from the various sources has been collected and analyzed different reliability indices with their significance. Also, to realize the methodology related with reliability analysis, a comparative study among its different components has been carried out and the best techniques for maintaining system reliability are suggested.