It is customary to obtain ac power from batteries through a power converter, where mains ac power is not readily available. Such a power converter is also needed in several mobile/ airborne/ space applications. Till recently this application is served by a H bridge inverter followed by a low frequency transformer and a passive low pass filter. The H bridge inverter employs high frequency pulse width modulation. The transformer is made of standard silicon steel. The filter is made of L and C elements. In such a converter the magnetics account for about 30% of cost and 50% of weight. Moreover the dc input current in such converters is discontinuous, leading to poor efficiency. There is need for an input filter as well. This thesis presents the development of an inverter with high frequency (hf) link. The power converter employs a boost front end resulting in continuous input current. The H bridge inverter employs phase modulation technique with soft switching features. The boost converter and the H bridge share power devices. The isolation transformer handles high frequency ac power and is compact. It is shown that the transformer size can be reduced by more than one order of magnitude. There is a rear end cycloconverter to reconvert the high frequency ac power into 50 Hz output power. Innovative pulse sequencing in the cycloconverter ensures loss-less switching. The pulse width modulation shifts the dominant harmonic frequency to double the switching frequency. The output LC filter is light. The converter can handle bidirectional power. The controller is digital. The overall concept was demonstrated through the 500 W prototype design. The proposed topology offers small size, low losses and continous input current. The controller is digital and offers totally software based compensation and settings. It is expected that on account of the small size and cost, this topology is likely to become more popular in the near future. The applications of such power converters will bring down the size and cost of UPS, solar inverters, wind mill inverters etc.