“…MLIs are a viable solution for meeting the demand for higher power quality, higher voltage gain with less stress, and low power loss requirement. It has low dv/dt characteristics, superior efficiency, better EMC, modularity, and fault tolerance capabilities, 1 making them a better alternative for medium voltage (MV) and high voltage (HV) applications such as Static Var Compensator and large electrical drives 2,3 as well as in applications like renewable energy, 4,5 electric vehicles, 6 PV Grid 7,8 HVDC systems, the smart grid paradigm, and onboard power systems 9,10 . An extensive review of the multi‐level inverter has been presented by Kumari et al 11 …”