T&D project contracts down 10% in November 2020

16 December 2020 (Last Updated December 16th, 2020 03:38)

T&D project contracts down 10% in November 2020

T&D project contracts in November 2020 saw 28 contracts announced, marking a drop of 10% over the last 12-month average of 31, according to GlobalData’s power industry contracts database.

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

  1. Project Implementation: 20 contracts and a 71.4% share
  2. Repair, Maintenance, Upgrade & Others: six contracts and a 21.4% share
  3. Consulting & Similar Services: two contracts and a 7.1% share.

Asia-Pacific leads T&D project activity in November 2020

Comparing contracts activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with eight contracts and a share of 28.6% during November 2020, followed by Europe with eight contracts and a 28.6% share and Middle East and Africa with seven contracts and a 25% share.

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

Among the technologies, wind accounted for nine contracts with a 100% share.

T&D project contracts in November 2020: Top issuer by capacity

The top issuer of T&D project contracts for the month in terms of power capacity involved was:Trading Construction Works Organization with 350MW from one contract.

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

The top winner of contracts for the month in terms of power capacity involved was:China Gezhouba Group (China) with 350MW 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.