In this paper the performance of meta-heuristics algorithms such as GA (Genetic Algorithm), DE (Differential Evolution), PSO (Particle Swarm Optimization) and SA (Simulated Annealing) for the problem of TTC enhancement using FACTS devices are compared. In addition to that in the assessment procedure of TTC two novel techniques are proposed. First the optimization algorithm which is used for TTC enhancement is simultaneously used for assessment of TTC. Second the power flow is done using Broyden - Shamanski method with Sherman - Morrison formula (BSS). The proposed approach is tested on WSCC 9 bus, IEEE 118 bus test systems and the results are compared with the conventional Repeated Power Flow (RPF) using Newton Raphson (NR) method which indicates that the proposed method provides better TTC enhancement and computational efficacy than the conventional procedure.