There were 28 T&D project contracts announced in the Asia-Pacific region in May 2022, marking a rise of 56% over the last 12-month average of 18, 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 May 2022 with 61 contracts and a 47.7% share, followed by T&D Project with 28 contracts and a 21.9% share and Generation Equipment with 17 contracts and a 13.3% share during the month.

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

  1. Project Implementation: 16 contracts and a 57.1% share
  2. Consulting & Similar Services: ten contracts and a 35.7% share
  3. Repair, Maintenance, Upgrade & Others: two contracts and a 7.1% share.

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

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Looking at T&D project contracts by the type of technology in the Asia-Pacific region, solar accounted for eight contracts with a 57.1% share, followed by thermal with three contracts and a 21.4% share and wind with three contracts and a 21.4% share.

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

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

  1. China Energy Engineering (China): 805.45MW from two contracts
  2. Powerchina Chongqing Engineering (China): 300MW from one contract
  3. Hebei Engineering (China): 224.09MW capacity from two contracts.

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.