In order to solve negative phase sequence problem of V connection transformer in the high speed and heavy haul electrical railway of China, the hybrid compensative co-phase traction power supply system which based on passive and active compensation is proposed. Firstly, There construction and capacity distribution are analyzed, and the compensation current of active equipment is gave; Second, the feature of the hybrid compensative schemes are discussed. In the end, the related simulation results have confirmed the effectiveness of the compensation schemes in this paper.