The document provides an overview of transformer failure and remedial measures. It discusses how transformers are strategic assets that require proper maintenance and operating conditions to perform satisfactorily throughout their lifetimes. Some key factors that influence transformer performance and lifespan are working environment, design quality, manufacturing quality, operating temperature, and functioning of protective devices. The document outlines various condition monitoring techniques used to assess transformer health, such as dissolved gas analysis to detect faults, and furan analysis to monitor solid insulation breakdown. Maintaining operating parameters and insulation quality through proper maintenance is important to maximize transformer lifespan.