There were 100 T&D project contracts announced in the Asia-Pacific region in Q3 2022, marking a rise of 35% over the last four-quarter average of 74, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Asia-Pacific region in Q3 2022 with 119 contracts and a 38.9% share, followed by T&D Project with 100 contracts and a 32.7% share and Electricity Procurement with 37 contracts and a 12.1% share during the quarter.

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

  1. Consulting & Similar Services: 55 contracts and a 55% share
  2. Project Implementation: 43 contracts and a 43% share
  3. Repair, Maintenance, Upgrade & Others: two contracts and a 2% share.

Solar is top technology for Asia-Pacific T&D project contracts in Q3 2022

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Looking at T&D project contracts by the type of technology in the Asia-Pacific region, solar accounted for 24 contracts with a 54.5% share, followed by wind with 15 contracts and a 34.1% share and thermal with four contracts and a 9.1% share.

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Asia-Pacific T&D project contracts in Q3 2022: Top companies by capacity

The top issuers of T&D project contracts for the quarter in terms of power capacity involved in Asia-Pacific were:

  1. Power Construction Corporation of China (China): 220MW from one contract
  2. China General Nuclear Power (China) and National Energy Group Guizhou Electric Power: 200MW from one contract
  3. China Gezhouba Group (China): 124MW capacity from one contract.

Asia-Pacific T&D project contracts in Q3 2022: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved in Asia-Pacific were:

  1. China Energy Engineering (China): 2,011MW from 15 contracts
  2. Shanghai Electric Power Construction (China): 700MW from two contracts
  3. Shandong Yijian Construction (China): 500MW capacity 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.