A Wells turbine is a self-rectifying air flow turbine capable of converting pneumatic power of the periodically reversing air stream in Oscillating Water Column into mechanical energy. The Wells turbine has inherent disadvantages; lower efficiency, poorer starting characteristics, higher axial force and low tangential force in comparison with conventional turbines. Guide vanes before and after the rotor suggest a means to improve the tangential force, hence its efficiency. Experimental investigations are carried out on a Wells turbine with the constant chord and variable chord blade rotors fitted with inlet and outlet guide vanes to understand the aerodynamics. Experiments were also conducted for the above said rotors with various stagger angles to validate the design stagger angle. In addition, the starting and running characteristics of the rotors have been studied and compared with the case without guide vanes. Studies were done at various flow coefficients covering the entire range of flow coefficients over which the turbine is operable. The efficiency, starting characteristics of the turbines with guide vanes have improved when compared with the respective turbines without guide vanes.