Owing to rapid development of microgrids promoting non-dispatchable renewable energy sources (NDRES) worldwide due to the envisioned economic and environmental benefits, problems like voltage variations, reverse power flow, power fluctuations and power quality issues are encountered in the power system. The operational stability of the emerging smart power grids necessitates sophisticated real-time monitoring and control technologies. For enhanced grid security and stability, time synchronised data from phasor measurement units (PMU) is utilised. With synchronized measurements from numerous PMU sites, embedded with advanced communication technologies in the smart grid, wide area monitoring and control is made possible. However, with integration of NDERs, the stability assessment application need to handle a large number of data points in real time. Data driven applications are being developed for better planning, monitoring and operation of smart grids. This Faculty Development Programme aims at delivering the fundamental and advanced knowledge in smart grid, microgrid stability and security, data analytics of microgrid using phasor measurement units and multi agent based control of smart grids.