A current source rectifier is provided at an output of an alternating current generator, an alternating current motor is connected to an output of the rectifier via a voltage source inverter, furthermore, two arms having switching elements connected in inverse parallel to diodes are connected to the output of the rectifier, and one terminal of a direct current power source capable of a power supply and absorption is connected to a midpoint between the arms, while the other terminal thereof is connected to a neutral point of motor coils or generator coils, thereby eliminating a need for a large volumetric reactor in a direct current chopper, achieving a downsizing of the circuit.