This paper presents a transformerless solution for front-end rectification, which is particularly suitable for traction applications, requiring high voltages to be stepped down to appropriate dc voltage. The proposed topology is based on pulse widthmodulation buck rectifier (current source inverter topology) and is capable of rectification and stepping down of single-phase ac supply, in a single stage. A new control scheme is proposed to achieve constant dc output voltage and sinusoidal source current, irrespective of large ripples in the dc inductor current. The proposed scheme is configured in single-loop voltage control mode. The relevant small-signal model is derived from the large-signal model using multi order decomposition. An elaborate procedure of dc filter design is discussed, for circuit operation with minimum energy storage. All analytical results are validated by numerical simulation for sinusoidal and distorted source voltage. Experimental verification is achieved through a 1.2-kW grid-connected laboratory prototype.