The document discusses electrical power supply systems and power factor correction. It provides details on components of an electric power supply system including power stations, transmission lines, and distribution. It defines power factor and different types of electrical power. The document also discusses causes of low power factor, various power factor improvement equipment like static capacitors, synchronous condensers and phase advancers. It provides advantages and disadvantages of these equipment. Finally, it discusses effects of improving power factor such as reduction in transformer rating, KVAR demand, line current, line losses, cable size and switchgear rating.