The gap characteristic should lie just above the surge arrester characteristic by 20%, so that the

spark gap will protect the equipment in the grid against all barring the fast rise time impulse, in case
the surge arrester fails.

For example, on a 170kV HSV, under transient fault conditions the rod gaps should be set to operate
at, 170 x 120 %=204 kV .

So the spark gap to be set for sparkover at 204kV and that to this is considered without any
overvoltage factor. If there is a 10% overvoltage is expected in system the spark has to be set for,

170 x 1.1 x 120 %=2 24 kV

Under impulse conditions the breakdown characteristics of the equipment have to be arrived
experimentally but we already have a BIL figure for a particular system. In such cases the rod gaps
may be set to give a flashover on impulse of 80%~85% of the BIL of the protected equipment with a
50% probability.

So, for this case the spark gap has to be set for value of, 750 x 0.8=600 kV or 750 x 0.85=638 kV .
The gap set for 224kV is minimum gap setting and the gap set for 638kV will be maximum gap
setting.

Here some more data is required to accurately arrive of the gap setting.