In this paper, a new three-phase voltage-source inverter topology for high voltage and high Power applications is proposed to improve the quality of output voltage waveform. A chain converter which is used as an auxiliary circuit generates a ripple voltage and injects it to the conventional 12-step inverter. Thus, the injection of the ripple voltage results in 36-step operation with a link and 60-step operation with two links. The proposed inverter is compared to the conventional multilevel inverter in the viewpoint of ratings of phase- shifting transformers, switching devices and capacitors employed. The proposed scheme is simple to control capacitor voltages compared to the conventional schems and is cost effective for high voltage and high power application over several tens of MVA. The proposed approach is validated through simulation, and the experimental results are provided from a 2KVA laboratory prototype.