Asia-Pacific T&D project tenders activity down 45% in March 2020

There were 169 T&D project tenders announced in the Asia-Pacific region in March 2020, marking a drop of 45% over the last 12-month average of 306, according to GlobalData’s power industry tenders database.

T&D Project stood at first place when compared with other power tender categories in the Asia-Pacific region in March 2020 with 169 tenders and a 41.8% share, followed by T&D Equipment with 122 tenders and a 30.2% share and Generation Equipment with 54 tenders and a 13.4% share during the month.

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

1. Project Implementation: 133 tenders and a 78.7% share
2. Repair, Maintenance, Upgrade & Others: 34 tenders and a 20.1% share
3. Consulting & Similar Services: two tenders and a 1.2% share.

Solar is top technology for Asia-Pacific T&D project tenders in March 2020

Looking at T&D project tenders by the type of technology in the Asia-Pacific region, solar accounted for five tenders with a 100% 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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