The STATCOM is a product which is used for providing the reactive power in case of power factor compensation. The Paramvir Power Solutions made by STATCOM is dynamic in nature, meaning the user will be able to compensate full -1.0( leading ) to +1.0 ( legging ) power factor with a single power command . The STATCOM is available in range for 50KW to 500KW with built in isolation which eliminates the customer needs of requiring the external galvanic isolation with the mean of the transformer.

The duty 3 contactor and auto precharge feature is unique compared to other manufacturers products.

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