Effective choice of the solution is essential to achieve a real-time, bi-directional(full- duplex) communication of the smart grid. The Power Line Carrier(PLC) technology provides a low-cost solution, which suits China's own national conditions. In this paper, the advantages of OFDM PLC modulation technology are introduced. A PLC module of system model is established through the analysis of the input impedance under the low-voltage power line channel. The high-speed PLC module based on low-voltage Power Line is also designed according to the studies of power line channel. The results show that the design of the PLC module has featured high receiving sensitivity and anti-noise ability.