Present dissertation work has attempted to optimize the various significant process parameters for near dry EDM process by Taguchi method and design of experiments. The response variables are material removal rate (MRR), the surf ace roughness (SR) and tool wear rate (TWR). A low cost mist delivery system (MQL fluid dispenser) to supply the mist (liquid-gas mixture) at a controlled rate has been developed to conduct the experiments and has served it’s purpose exceptionally well during the experimentation. The AISISAE D-2 tool steel has been used as a work-piece material. The kerosene air mixture has been used as a dielectric medium. The various process parameters selected for the study were discharge current, gap voltage, pulse on time, duty factor, air pressure and electrode material. A standard L 18 orthogonal array was selected for design of experiments. The results obtained from the experimental runs were analyzed by using Minitab15 software