Asia-Pacific T&D equipment tenders activity down 58% in February 2021

There were 53 T&D equipment tenders announced in the Asia-Pacific region in February 2021, marking a drop of 58% over the last 12-month average of 125, according to GlobalData’s power industry tenders database.

T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in February 2021 with 53 tenders and a 37.3% share, followed by Power Plant with 45 tenders and a 31.7% share and T&D Project with 26 tenders and an 18.3% share during the month.

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

1. Supply & Erection: 41 tenders and a 77.4% share
2. Repair, Maintenance, Upgrade & Others: 12 tenders and a 22.6% share.

All publicly-announced tenders 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 tenders are available for subscribers to GlobalData’s Power database.

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