Abstract: The electrical converter or inverter plant comprises several converter modules arranged in parallel between a power supplying line and a power consuming line. Each converter module includes a power converting unit being controlled by a control circuit which monitors the current and the voltage applied from the module itself to the load line. All functions of the plant are completely distributed among the converter modules so that no central arrangement exists. To coordinate the operation of the different modules there is provided one common current (voltage) balance bus to which all the control circuits are connected. The arrangement is constructed so that the voltage on the common current (voltage) balance bus shall be proportional to the current (voltage) provided to the load line from the module which produces the largest load current (voltage). This is obtained in a simple manner by connecting each control circuit with the common balance bus via an idealized diode.