Energy efficiency for gas liquid mixing in a modified downflow bubble column reactor has been analyzed in this paper. Efficiencies of the different parts of the bubble column have been assessed on the basis of energy dissipation. Prediction of the energy dissipation coefficient as well as energy utilization efficiency due to gas-liquid mixing as a function of different physical, geometric and dynamic variables of the system has been done by correlation method. The distribution of energy utilization in the different zones of the column has also been analyzed. Experiments were carried out with air-water and air-aqueous solutions of carboxy methyl cellulose with different concentrations.