Lightning is a natural phenomenon involving transient high current discharge in the atmosphere. Cloud-to-ground lightning, wherein the discharge occurs between the cloud and the ground is quite hazardous to systems on the ground. Apart from threat to life, the devastating effects of lightning can be mainly of thermal, mechanical and electromagnetic origin. Many a times, thermal and electromagnetic effects are of main concern. A direct hit, wherein the system under consideration becomes a part of the lightning path, could be quite catastrophic to many vulnerable systems like oil rigs, chemical factories, missile/satellite launch pads. From the safety and operational point of view, lightning is of serious concern for electrical systems including transmission lines and substations, nuclear power stations, telecommunication station and data banks. Lightning cannot be avoided, however, by employing a suitable Lightning Protection System (LPS), adequate protection against a direct hit can be provided to ground based systems. A typical lightning protection system involves: 1) Air termination network, which is responsible for stroke interception, 2) Down conductor system, which provides to the stroke current a minimal impedance path to the ground and 3) Earth termination network, for safe dissipation of current into the ground. Similarly, for the indirect effects, which are basically of electromagnetic origin, suitable protection can be designed. The key factors in a protective action involve interception of the dangerous strokes, minimization of the consequential potential rise on down conductors, as well as, at earth termination and keeping the field in the protective volume within an acceptable level. The last aspect can be generally categorized into secondary level protection. For critical systems, the lightning protection system is generally isolated from it. In such designs, potential rise on LPS governs the physical isolation required between the protected and protection system. For a given level of bypass strokes, cost of the LPS increases with the amount of physical separation employed. All most all of the earlier works have concentrated on lightning surge response of power transmission line towers. Apart from their relatively moderate heights, the intention was to arrive at a model, which can be incorporated in circuit simulation software like EMTP. Consequently, they envisage or approximate the mode of propagation to be TEM. In reality, for down conductors of height greater than say 30 m, only TM mode prevails during the initial critical time period. Hence the earlier models cannot be extended to general lightning protection schemes and for down conductor of larger lengths. Only limited literature seems to be available on the characteristics of general down conductor configurations. The problem in hand is very important and some serious research efforts are very much essential. In view of the above, the present work aims to evaluate the rise in potential as well as current injected into the soil at the base for: (i) practical range of down conductor configurations involving single down conductor (with height exceeding 30 m) and (ii) pertinent values of stroke current parameters. The protection schemes considered are isolated vertical down conductor, isolated tower (both square and triangular cross-section) and, tower with insulated lightning mast carrying ground wires. The parameters under consideration are: (i) height and cross section for the down conductor, (ii) clearance between the down conductor and the protected system, (iii) channel geometry, wherein only inclination is to be considered, (iv) velocity of current along the channel and (v) wave shape and rise time for the stroke current. For the evaluation of lightning surge response of transmission line towers, many theoretical and experimental approaches are found in the literature. However, works considering the TM mode of current propagation is relatively limited. In that both experimental and theoretical approaches have been adopted. Theoretical approach invariably adopted numerical field computation in frequency domain using Numerical Electromagnetic code (NEC-2). Fourier Transform techniques are employed to extract the time domain quantities. This approach is very economical, free from experimental errors and least time consuming. Hence it is selected for the present work. However, there are certain limitations in this approach. In NEC simulation, there is a restriction on the size and the arrangement of individual elements. Therefore, although fairly complex tower structures can be simulated, some simplification in the geometry is unavoidable. Such an approximation has been reported to cause insignificant error. NEC is not accurate for calculations in low frequency regime. But in the present work, the initial time regime is of concern wherein the high frequency components dominate. Therefore the above said limitation is not of any serious concern. In order to validate the approach, potential rise is computed for 120 m tall cylindrical down conductor and tower. Results are compared favorably with earlier works, which are based on potential lead wire method. A careful re-look into the ’potential rise’ on the down conductors reveal several things. The electric field in the region between the protection system and protected system is the root cause for the breakdown/flashover. For a given geometry, the integral of the electric field along the shortest path between the two systems must be representing the overall stress on the air gap. Further, for the later time periods, this integral coincides with the well-known quasi-static potential. All the available data and models for breakdown of long air gaps are basically in terms of this quasi-static potential. In view of this, the above path integral is defined as ’equivalent potential rise’ (which will be hereafter termed as ’potential rise’), and taken as the index for surge response. Further, observation of the computed spatio-temporal radial electric field around the down conductor reveals some additional features, which are not common in the quasi-static regime. Electric field reverses its polarity in space, which is due to the opposite current flowing in the lightning channel. Therefore, ’potential rise’, which is taken as the representative for the dielectric stress on the air, should not be evaluated for larger distances. Considering this and noting that the protected system generally lies well within a distance of 50% of the H, height of the down conductor, potential rise is evaluated by integrating electric field within this distance (12.5%H, 25%H, 50%H). Three heights (100%H, 75%H, 50%H) are considered for the evaluation of the potential. The influences of various down conductor and lightning channel parameters are analyzed. Finally vertical channel with full velocity for current propagation is arrived for the investigations. Also, the influence of neighboring conducting objects is briefly studied. It is argued that it needs to be ignored for the general study. Analysis is carried out for a range of down conductor configurations of heights ranging from 45 m to 120 m. Cylindrical down conductor is selected for the detailed study on the overall characteristics and its dependency on pertinent parameters. The characteristics of potential rise are found to be significantly different from that given by the commonly employed uniform transmission line model. In the regime of very fast front currents, down conductor of comparable heights have comparable potential rise. For the larger time to crest, behavior tends more to wards that for quasi-static regime. The dependency of the potential rise on radius of the down conductor seems to be logarithmic in nature. Surge response of isolated towers of both square and triangular cross sections is studied for heights ranging from 45 m to 120 m. The overall characteristics are found to be similar to cylindrical down conductor. Dispersive propagation is found to exist on towers. As a result, the base currents are slightly lower and potential rise exhibits less oscillations. Data curves on potential rise at three different heights and for three different spatial extents are generated for the range of down conductor heights with rise time of the stroke current as the variable. Several interesting observations have been made. Next the investigation is taken up for the insulated mast scheme. The parameters of the study are taken as the number of ground wires, grounding location of ground wires and length of the insulation cylinder. Potential across the insulation, tower base currents, and ground wire end currents are deduced. The basic characteristics of the potential rise are shown to be quite similar to that for the transmission line. For fast front currents the temporal variation is bipolar with a smooth decay. In other words, oscillations are sustained for considerably longer duration. Voltage stress across the insulation surface for one ground wire design is found to be higher by 1.4 - 2.4 times than that for isolated tower. The highest amplification of the ground end current, which occurs for fast front currents, is about 1.8 times. Potential difference across the insulation for two-ground wire design is higher by a factor of 1.3 - 1.85 than that for isolated tower. For the design with four ground wires, potential across the insulation is comparable with that for the tower. However, the mechanical strength of the insulating support should also be considered in the selection of number of ground wires. There exists, especially for fast front strokes, significant induction to the supporting tower. The height of the insulation seems to possess no appreciable influence on the potential rise and base currents. Several issues need to be considered before selecting this design. The contribution made by the present work can be summarized as follows. It basically deals with lightning surge response of isolated down conductors of height in the range 45 - 120 m. The configurations considered are, cylindrical down conductor, tower with both square and triangular cross section and insulated mast scheme. It makes a careful study on the ’potential rise’ on down conductors and a suitable definition for the same is proposed. Basic characteristics of potential rise and ground end currents are studied for the above-mentioned designs. Their salient features are enumerated. For the towers, design data curves are provided for relevant range of stroke current rise time. The issues that need to be considered in the insulated mast scheme are discussed along with the data on potential rise and base currents. The findings of this work are believed to be very useful for the design of lightning protection scheme involving isolated down conductor. Further the results are useful in analyzing the consequential lightning generated threat of being close to tall towers.