Blurb/Summary Chapter 1: Concepts of power flow and Stability, basic theory of line compensation, Thyristor controlled and converter based FACTS controllers Chapter 2: POWER ELECTRONICS CONTROLLERS: Review of PWM Voltage Source Inverters used in FACTS devices; Multilevel Inverters, Cascaded multilevel Inverters Chapter 3: STATIC SHUNT COMPENSATORS: Midpoint voltage regulation; Variable Impedance type and switching converter type static Var generators, SVC and STATCOM- TCR, TSC, V-I and V-Q characteristics Chapter 4: STATIC SERIES COMPENSATOR: Concept of Series Compensation, voltage stability, variable impedance type series compensators, GCSC, TSSC, TCSC and SSSC, control techniques, control range and VA rating Chapter 5: STATIC VOLTAGE & PHASE VOLTAGE REGULATORS: Power Flow Control, TCVR and TCPAR, Improvement of transient stability Chapter 6: UNIFIED POWER FLOW CONTROLLER (UPFC): Concept of power flow control, operation and control of UPFC, Interline Power Flow Controller (IPFC)Chapter 7: STABILITY ANALYSIS: Modeling of FACTS devices, optimization of FACTS, transient and dynamic stability Chapter 8: APPLICATIONS OF FACTS DEVICES IN HVDC LINK