Two color interferometer using a short wavelength far infrared laser has been developed for high performance plasmas on large helical device and for future fusion devices such as ITER. High power laser lines simultaneously oscillating at 57.2 and 47.6μm were achieved in a CO2-laser-pumped CH3OD laser. By introducing Ge:Ga photoconductive detectors operating at liquid He temperature, we have successfully detected two color beat signals (0.55 and 1.2MHz) with excellent signal-to-noise ratio (∼40dB). These beat signals were fed into phase comparators for phase measurement after passing through intermediate frequency bandpass filters. Two color far infraned laser interferometer work was successful in the demonstration of mechanical vibration compensation.