T&D project contracts up 24% in December 2019

9 January 2020 (Last Updated January 9th, 2020 07:21)

T&D project contracts up 24% in December 2019

T&D project contracts in December 2019 saw 26 contracts announced, marking a rise of 24% over the last 12-month average of 21, according to GlobalData’s power industry contracts database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

  1. Project Implementation: 21 contracts and an 80.8% share
  2. Consulting & Similar Services: three contracts and an 11.5% share
  3. Repair, Maintenance, Upgrade & Others: two contracts and a 7.7% share.

Europe leads T&D project activity in December 2019

Comparing contracts activity in T&D project segment in different regions of the globe, Europe held the top position with 11 contracts and a share of 42.3% during December 2019, followed by Asia-Pacific with seven contracts and a 26.9% share and Middle East and Africa with five contracts and a 19.2% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Wind is leading technology for T&D project contracts in December 2019

Among the technologies, wind accounted for three contracts with a 75% share, followed by nuclear with one contract and a 25% share.

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.