The document discusses a project to implement unified power factor control using a microcontroller. It measures the time difference between zero voltage and zero current pulses using operational amplifiers to determine the leading or lagging power factor. The microcontroller then triggers SCRs and opto-isolators to switch capacitors or inductors accordingly to correct the power factor. Hardware components include a microcontroller, SCRs, opto-isolators, LCD, current transformer, inductive choke, shunt capacitor, and buttons/LEDs.