This paper presents STATCON(Static Condenser) control schemes for voltage regulation, power factor correction and harmonics mitigation. Each control scheme can be applied in the system depending on the system requirements. The 20KVA STATCON is developed and tested in the reduced system model for the verification of three different control algorithms. The results of proposed controls are compared for power factor correction and voltage regulation algorithms. For each algorithm, harmonic mitigation scheme is adopted as a part of control. Finally verification of STATCON for the transient response is implemented by voltage flicker test.