@KevinKos and
@jim dungar thanks for the response. I guess there should not be a prescription on this matter. I think it is thoroughly depends on the type of the loads, i.e some connected loads are duty/standby and it goes without saying that both duty and standby won't come into the line regardless of whether you are going to increase the plant capacity or not.
In Middle East, we size the transformer based on IEC60076, which is based on "operating loads" plus 35% over specially due to temp effect on the transformer de-rating and then we do the adequacy checks to see the selected KVA would meet the requirement.
BUT as I want to manufacture a new plant in Texas, I don't really know what is the US regulations, i.e NEC, NFPA70 etc tells about the Transformer sizing.
If you really sure about that those codes & Standards telling about transformer sizing criteria, please share it with me
Thanks heaps
Mehdi