In this article, silica based triangular lattice PCF has been investigated toward both narrowband and broadband dispersion compensation for application in the communication wavelength. A dual core structure is obtained by introducing two different air-hole diameters in the cladding of the PCF. Dependence of individual structural parameters toward high negative dispersion (both narrowband and broadband) has been investigated in details with multipole mode based solver. The numerical investigation exhibits narrowband of very large negative dispersion of −37,300ps/nm/km around the wavelength of 1550nm. Present investigation also reports broadband dispersion values varying from −800ps/nm/km to −2600ps/nm/km over a 200nm wavelength (1400–1600nm) range, and kappa values near 300nm, which matches well with standard single mode fiber. Using the principle of power transfer from the inner core to the outer core after the coupling wavelength, we have investigated possible design of ASE suppressed amplifier in which wavelengths after the coupling wavelength cannot be amplified as most of the power tunnel to the outer core, where doped ion does not exist.