Present investigation focuses design & simulation study of a three phase three wire DSTATCOM deploying a conjugate gradient back propagation (CGBP) based icosϕ neural network technique. It is used for various tasks such as source current harmonic reduction, load balancing and power factor correction under various loading which further reduces the DC link voltage of the inverter. The proposed technique is implemented by mathematical analysis with suitable learning rate and updating weight using MATLAB/Simulink. It …