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It's might be not the optimal solution, but I think you should consider buses with low voltage profiles first.

Then, according to your size and type of capacitors, you determine the position to place them (like in the load-end buses or buses with many interconnections)

It's might be not the optimal solution, but I think you should consider buses with low voltage profiles first.

Then, according to your size and type of capacitors, you determine the position to place them (like in the load-end buses or buses with many interconnections)interconnections). Load flow solution will show how effective your placements are.