System for generation of electricity

A system for generation of electricity, comprising:

• an outer container comprising an outer set of tubes and an inner set of tubes, arranged circumferentially on the outer and inner side of said container wall;
• at least one coil assembly comprising at least one coil held in between a horizontal plate and a metallic sheet, wherein the coil assembly mounted on the outer set of tubes of the outer container, and the at least one coil is placed on a horizontal plate held firmly in place by means of the metallic sheet having holes coinciding with orifices of the at least one coil;
• an inverted internal container comprising
• an air inlet means configured at the bottom of the outer container for injecting low pressure air into the lower end of the inverted internal container,
• a central shaft configured on the top of the inverted internal container,
• at least one pair of magnet configured on a non-magnetic disc, wherein the non-magnetic disc is affixed to the central shaft of the inverted internal container,
• wherein,
• the outer container being partially filled with a fluid in which floats the inverted internal container which in turn is adapted to move in a vertical direction upon injection of low pressure air into the bottom of the inverted internal container,
• thereby resulting in relative movement of the at least one pair of magnet with respect to the at least one coil and generating electricity.