A Self Excited Induction Generator (SEIG) system has been proposed for supplying power to the grid through a combination of a three-phase semi-converter (SC) and a line commutated inverter. This system is capable of operating at variable speed to enable maximum power, proportional to the cube of the wind speed, to be extracted from the wind. The method of analysing the system has been explained by deriving the relevant expressions for the various performance quantities. The different control schemes to be adopted for the SC to suit the various speed ranges of the generator has been described with an example along with the predetermined performance characteristics of the system, following cube law power curve. The simulated waveforms of voltage and current at the various stages of the proposed system are also presented.