Fossil fuel power plants play a significant role in fulfilling global energy demands but are also responsible for high CO2 emissions. Amine-based post-combustion CO2 capture (PCC) is one of the technologies used in such power plants to reduce CO2 emissions. However, high energy consumption in amine-based PCC technology causes a reduction in the overall energy efficiency of power plants. The energy consumption significantly depends on the solvents used in the PCC process. Therefore, in this work, we performed CO2 absorption in the piperazine (PZ), triethylenetetramine (TETA), and N-methyldiethanolamine (MDEA) blend and tri-blend solvents. For the absorption performance and energy consumption calculation, a simulation is performed for the 430 MW power plant data in the DWSIM software. Initially, solvent screening was done, and four solvents are selected based on the optimum energy consumption of various solvents. Further, the solvents’ performance in terms of energy consumption is done based on the effect of different temperatures, CO2 composition in feed, and %CO2 recovery. Overall, the TETA+PZ MDEA tri-blend solvent showed optimum energy consumption for most of the conditions. Additionally, a techno-economy assessment was done considering annual capital cost and annual operating cost, and results revealed that the cost per ton of CO2 capture in 5 %TETA+ 5 %PZ+ 20 %MDEA solvent is 27.33 % lesser than industrial MEA solvent, and 1.56 % lower than 10 %PZ+ 20 %MDEA.