In this research article, a new two parametric measure of Entropy  and its corresponding code word length  has been developed. The developed measures are the generalizations to some well known existing measures. Besides, some noiseless coding theorems for discrete noiseless channel have been developed, and the results thus obtained have been verified with the support of an numerical example. Also, at the end of this research article, a comparative study in terms of  monotonic behavior  among the proposed entropy  , Matahi’s entropy  and Tsallis entropy  together  with their respective average code word length measures have been made and graphically displayed.