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To operate with high efficiency and minimise the risks of power failures, power systems require careful monitoring. The availability of real-time data is crucial for assessing the performance of the grid and assisting operators in gauging the present security of the grid. Traditional supervisory control and data acquisition (SCADA)-based systems actually employed provides steady-state measurement values which are the calculation premise of State Estimation. More often, however, the power grid operates under dynamic state and SCADA measurements can lead to erroneous and inaccurate calculation results. The introduction of the phasor measurement unit (PMU) which provides real-time synchronised voltage and current phasors with very high accuracy is universally recognised as an important aspect of delivering a secure and sustainable power system. PMUs are a relatively new technology and because of their high procurement and installation costs, it is imperative to develop appropriate methodologies to determine the minimum number of PMUs as well as their strategic placements to guarantee full observability of a power system. Thus, the problem of the optimal PMU placement (OPP) is formulated as an optimisation problem subject to various constraints to minimise the number of PMUs while ensuring complete observability of the grid. In this chapter, integer linear programming (ILP), genetic algorithm (GA) and non-linear programming (NLP) constrained models of the OPP problem are presented. A new methodology is proposed to incorporate several constraints using the NLP. The optimisation methods have been written in Matlab software and verified on the standard Institute of Electrical and Electronics Engineers (IEEE) 14-bus test system to authenticate their effectiveness. This chapter targets United Nations Sustainable Development Goal 7.