Aerial bundled cables/conductors are overhead power lines using several insulated phase conductors bundled tightly together, usually with a bare neutral conductor. This contrasts with the traditional practice of using uninsulated conductors separated by air gaps. This variation of bundled conductors utilizes the same principles as overhead power lines, except that they are closer together to the point of touching but each conductor is surrounded by an insulating layer
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