The main objective of this paper is to design a robust multi-objective H2/H∞ delayed feedback controller for load frequency control of a multi-area interconnected power system by taking into account all theoretical and practical constraints. To achieve more precise modelling and analysis, the limitation of valve position, governor, and transmission delay are considered to guarantee of LFC system’s stability in practical applications. The nonlinear delayed system is approximated by the Takagi–Sugeno fuzzy model. Then, a parallel distributed compensation scheme is utilized for designing the control system of the overall system. The proposed multi-objective and robust H2/H∞ controller simultaneously minimizes the H2 and H∞ control performance indexes. Finally, simulation results verify the robustness and effectiveness of the proposed scheme in dealing with the impact of load disturbances, model uncertainties, transmission time delays, and nonlinearities in the model.