The capacity of reactor = 50 MVAr when it is operated at 415 kV. Impedance of reactor = V2/MVAr = (415*415)2/50 = 3444.5 Ω For 400 kV, Reactive power observed = (400*400)/3444.5 = 46.45 MVAR
Or
VAr capacity of capacitor or reactor is proportional to V²
For lagging power factor = (IR*cosφ + IXsinφ)/V_r For leading power factor = (IR*cosφ - IXsinφ)/V_r Zero voltage regulation occurs on leading power factor only.