The power system stability has been considered as one of great concerns in the power system domain. Power industries are restructured to provide effective utilization of power to more users at lower prices and better power efficiency. Load demand has increased linearly with the increase in number of users. Since stability phenomena limits the transfer capability of the system, there is a need to ensure stability and reliability of the power system due to economic reasons. As a result, serious consideration is now being given on the concern of power system stabilization control. Thus, various stabilization techniques have been proposed by several researchers for the multi-machine power system through several intelligent methods. In recent times, the utilization of optimization techniques is found to be effective in dealing with the stabilization of the power systems. This paper uses the Artificial Bee Colony algorithm for better stability of the power system. Simulation results suggest that the proposed technique is better for power system stabilization when compared to the conventional techniques.