There were 37 T&D project contracts announced in the Asia-Pacific region in July 2022, marking a rise of 54% over the last 12-month average of 24, 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 July 2022 with 44 contracts and a 41.5% share, followed by T&D Project with 37 contracts and a 34.9% share and Generation Equipment with ten contracts and a 9.4% share during the month.
The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Project Implementation: 20 contracts and a 54.1% share
- Consulting & Similar Services: 17 contracts and a 45.9% share.
Solar is top technology for Asia-Pacific T&D project contracts in July 2022
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By GlobalDataLooking at T&D project contracts by the type of technology in the Asia-Pacific region, solar accounted for seven contracts with a 50% share, followed by wind with five contracts and a 35.7% share and hydro with one contract and a 7.1% share.
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Asia-Pacific T&D project contracts in July 2022: Top companies by capacity
The top issuers of T&D project contracts for the month in terms of power capacity involved in Asia-Pacific were:
- State Grid Energy Hefeng Coal and Electricity: 300MW from one contract
- China Gezhouba Group (China): 124MW from one contract
- Gansu Fadian (Jinchang) New Energy and Inner Mongolia Jinghai Coal Gangue Power Generation (China): 100MW capacity from one contract.
Asia-Pacific T&D project contracts in July 2022: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved in Asia-Pacific were:
- China Energy Engineering (China): 1,127MW from seven contracts
- Shanghai Electric Power Construction (China): 700MW from two contracts
- Hebei Engineering (China): 100MW 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.