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This paper proposes a new method of scheduling for optimal placement and sizing of Distribution STATic COMpensator in the radial distribution networks to minimize the power loss. In the proposed method Voltage Stability Index is used to search the optimal placement for installation of DSTATCOM. Optimal size of DSTATCOM is found by using bat algorithm. The feeder loads are varied by linearly from light load to peak load with a step size of 1%. In each load step, the optimal placement and sizing for DSTATCOM are calculated. By using the Curve Fitting Technique, the optimal sizing for DSTATCOM per load level is formulated in the form of generalized equation. The proposed approach will help the Distribution Network Operators to select the DSTATCOM size according to the load changes. To check the feasibility of the proposed method, system has been tested on two standard buses such as IEEE 33 and 69 bus radial distribution systems

DSTATCOM allocation in distribution networks considering load variations using bat algorithm