This dissertation presents a methodology for correction of the bus voltage profile of an electric power system. This correction corresponds to a redispach of reactive power which is effected by means of voltage set-point changes in buses with variable generation of reactive power, transformer tap changes and shunt capacitors/reactors swithing. The proposed method consists of solving the non-linear power flow equations as well as the equatios associated with violated limits. This is done by using the Newton- Raphson method. The linearized model used in each iteration of the Newton- Raphson method is reduced to the reactive part by means of Carpentier s Reactive Implicit Coupling (CRIC) technique. As the linearized system admits several solutions, it is chosen the one which minimizes the quadratic deviation of all bus voltages and transformer taps. This is done by means of Moore-Penrose generalized inverse matrix.