This proposed design is a new closed loop speed control of an induction motor fed by a bidirectional quasi Z source inverter (BqZSI), the speed control is based on the indirect field oriented control (IFOC) strategy. The IFOC is implemented based on a voltage pulse width modulation (PWM) with voltage decoupling compensation to insert the shoot through (ST) state within the switching signals. A dual loop controller is designed, based on a third order small signal model, to control the BqZSI capacitor voltage. The proposed speed control method, with reduced DC input voltage compared with the standard adjustable speed drives (ASD) using voltage source inverter (VSI), are able to change the motor speed from zero to the rated speed with the rated load torque. The performance of the proposed speed control methods is verified by MATLAB simulation of a 15 kW induction motor fed by a BqZSI. The simulation results during different operation modes verify the validity of the proposed closed loop speed control method Also, the proposed inverter can be operated with simple PWM control and can be designed at higher switching frequency to reduce the volume of passive components. The proposed inverter can realize buck/boost, inversion and power conditioning in a single stage with improved reliability. In addition, the proposed implementation has the unique advantages of lower component ratings and this is simulated in MATLAB simulink environment.