<p class="Abstract"><span lang="EN-GB">Nature inspired meta-heuristic algorithms studies the emergent collective intelligence of groups of simple agents. </span><span lang="EN-AU">Firefly Algorithm is one of the new such swarm-based metaheuristic algorithm inspired by the flashing behavior of fireflies. The algorithm was first proposed in 2008 and since then has been successfully used for solving various optimization problems. In this work, we intend to propose a new modified version of Firefly algorithm (MoFA) and later its performance is compared with the standard firefly algorithm along with various other meta-heuristic algorithms. Numerical studies and results demonstrate that the proposed algorithm is superior to existing algorithms.</...