T&D project contracts up 21% in April 2020

T&D project contracts in April 2020 saw 29 contracts announced, marking a rise of 21% over the last 12-month average of 24, according to GlobalData’s power industry contracts database.

The proportion of contracts by category tracked by GlobalData in the month was as follows:

1. Project Implementation: 20 contracts and a 69% share
2. Repair, Maintenance, Upgrade & Others: five contracts and a 17.2% share
3. Consulting & Similar Services: four contracts and a 13.8% share.

Europe leads T&D project activity in April 2020

Comparing contracts activity in T&D project segment in different regions of the globe, Europe held the top position with ten contracts and a share of 34.5% during April 2020, followed by Middle East and Africa with nine contracts and a 31% share and Asia-Pacific with four contracts and a 13.8% share.

Wind is leading technology for T&D project contracts in April 2020

Among the technologies, wind accounted for nine contracts with a 90% share, followed by solar with one contract and a 10% share.

T&D project contracts in April 2020: Top winners by capacity

The top winner of contracts for the month in terms of power capacity involved was:China Gezhouba Group International Engineering (China) with 90MW from one contract.

All publicly-announced contracts are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.

More in-depth reports and analysis on all reported contracts are available for subscribers to GlobalData’s Power database.