I. Introduction
The power distribution networks are facing various problems due to increased application of nonlinear loads. In addition to poor voltage profile, power factor correction, unbalance load compensation, and harmonic injection [1] have become major issues for the utility system. The unbalance voltage at the utility terminal [2] will increase system losses and can also be harmful on industrial machines and generators. The voltage source inverter (VSI) based compensators [3]–[5] have been used to solve the problem of load compensation and power factor correction in power distribution system. However, thyristor-controlled SVCs are also commonly used for the same purpose in modern supply system. Since, the traditional methods of load compensation using SVC [6] cannot dynamically and effectively balance the system load. Therefore SVC based suitable compensators [7], [8] for negative-sequence component of load current to transfer the unbalance system to a balance system have been studied. The different passive and active harmonic filters [9]–[12] topology combined with SVCs are also widely used for load compensation, power factor correction and harmonic minimization at the cost of additional investment, larger space requirement etc.