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An effective braking system suitable for three-phase induction motor drives is discussed. Braking is achieved in four stages using an electronic switching circuit. Initially, a single capacitor is connected across two of the motor terminals allowing single-phase self-excitation. Following a certain speed drop, a second capacitor is added across the same terminals to sustain self-excitation and reduce the speed further. In the third stage magnetic braking is achieved by short circuiting the third terminal. Finally, the motor is brought to a standstill by dc injection. A method of determining minimum capacitor requirements is presented for both single-phase and symmetrical application. Experimental results are included, demonstrating the validity of theoretical results regarding capacitor requirements, and indicating the effectiveness of the proposed braking scheme.