T&D project contracts down 10% in October 2020

18 November 2020 (Last Updated November 18th, 2020 03:31)

T&D project contracts down 10% in October 2020

T&D project contracts in October 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: 23 contracts and an 82.1% share
  2. Consulting & Similar Services: five contracts and a 17.9% share.

Europe leads T&D project activity in October 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 35.7% during October 2020, followed by Middle East and Africa with ten contracts and a 35.7% share and Asia-Pacific with seven contracts and a 25% share.

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

Among the technologies, wind accounted for nine contracts with a 60% share, followed by solar with four contracts and a 26.7% share and thermal with two contracts and a 13.3% share.

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

The top issuer of T&D project contracts for the month in terms of power capacity involved was:Societe Nigerienne d’Electricite (Niger) with 18.9MW from one contract.

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

The top winners of contracts for the month in terms of power capacity involved were:

  1. China Energy Engineering Group Guangdong Power Engineering (China): 250MW from one contract
  2. Sterling and Wilson Pvt (India) and Vergnet (France): 18.9MW 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.