The power electronics device which converts DC power to AC power at required output voltage and frequency level is known as inverter. Inverters can be broadly classified into single level inverter and multilevel inverter. Multilevel inverter as compared to single level inverters have advantages like minimum harmonic distortion, reduced EMI/RFI generation and can operate on several voltage levels. A multi-stage inverter is being utilized for multipurpose applications, such as active power filters, static variation compensators and machine drives for sinusoidal and trapezoidal current applications.