The generalization of the probabilistic lightning limiting parameter (LLP) method for high-voltage substation lightning performance estimation due to the discharges into connected overhead lines (OHLs) is described. The method improvement is made only for the case of lightning strokes to the shield wire of OHL, causing back-flashover in front of the substation. The improved LLP method is illustrated at the insulation coordination study of the 400-kV line with long connecting cable with direct entry into the gas-insulated substation of the hydroelectric plant. The number of surge arrester sets and sensitivity analyses of the number of connected step-up transformers influence to the mean time between failures of the 400-kV transformer and equipment insulation are investigated.