Power conversion device

In a power conversion device in which cell converters are connected in series, each cell converter includes: main circuit conductors connecting switching elements and a capacitor to each other; a bypass portion disposed between two external terminals connected to other cell converters; external output conductors connecting the external terminals and the main circuit conductors to each other; and bypass connection conductors connecting the external output conductors and the bypass portion to each other. The bypass connection conductors or the external output conductors are disposed so as to oppose each other at a high-potential side and a low-potential side thereof. The conductors are bent so as to have portions at which currents in parts of the conductors have the same direction. Thus, mutual inductances and self-inductances are increased, whereby short-circuit current flowing to the bypass portion at the time of double failures is suppressed.