There were 29 T&D project contracts announced in the Asia-Pacific region in Q1 2021, marking a rise of 45% over the last four-quarter average of 20, 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 Q1 2021 with 157 contracts and a 44.4% share, followed by Generation Equipment with 80 contracts and a 22.6% share and Electricity Procurement with 71 contracts and a 20.1% share during the quarter.

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

  1. Project Implementation: 21 contracts and a 72.4% share
  2. Consulting & Similar Services: seven contracts and a 24.1% share
  3. Repair, Maintenance, Upgrade & Others: one contract and a 3.4% share.

Wind is top technology for Asia-Pacific T&D project contracts in Q1 2021

Looking at T&D project contracts by the type of technology in the Asia-Pacific region, wind accounted for four contracts with a 36.4% share, followed by solar with three contracts and a 27.3% share and thermal with three contracts and a 27.3% share.

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Asia-Pacific T&D project contracts in Q1 2021: Top issuers by capacity

The top issuer of T&D project contracts for the quarter in terms of power capacity involved in Asia-Pacific was:China Nuclear Shandong Energy (China) with 200MW from one contract.

Asia-Pacific T&D project contracts in Q1 2021: 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 Group Planning and Engineering (China): 200MW from one contract
  2. China Gezhouba Group (China): 84MW 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.