In this paper, a novel induction motor (IM) stator current controller is proposed based on the stationary frame feed forward controlling structure. The proposed regulator represents an improved variant of the existing stationary and rotational frame IM stator current regulators based on the back EMF compensation. The paper novelty consists of the stationary frame controlling structure based on two feed forward actions that enable asymptotic reference tracking. Namely, the novel stationary frame regulator includes a proportional integral (PI) regulation term combined with a stator resistance voltage drop and back EMF feed forward compensations, with the back EMF compensation based on the stator flux value estimated by means of a programmable low-pass filter. The feedback term is based on a PI controller, with the corresponding parameter tuning procedure outlined in the paper. The simulation runs are included in the paper in order to examine the regulator performance in relation to the factors critical to the IM stator current regulation: variable IM model parameter values, transport delay introduced in the control loop, variable stator frequency, and rotor speed values. Also, the experimental tests are presented and carried out on an experimental setup for different operating conditions typical for an IM drive.