Asia-Pacific T&D project tenders activity down 76% in Q1 2021

There were 126 T&D project tenders announced in the Asia-Pacific region in Q1 2021, marking a drop of 76% over the last four-quarter average of 518, according to GlobalData’s power industry tenders database.

T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in Q1 2021 with 152 tenders and a 30.9% share, followed by Power Plant with 129 tenders and a 26.2% share and T&D Project with 126 tenders and a 25.6% share during the quarter.

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

1. Project Implementation: 89 tenders and a 70.6% share
2. Repair, Maintenance, Upgrade & Others: 33 tenders and a 26.2% share
3. Consulting & Similar Services: four tenders and a 3.2% share.

Solar is top technology for Asia-Pacific T&D project tenders in Q1 2021

Looking at T&D project tenders by the type of technology in the Asia-Pacific region, solar accounted for eight tenders with a 72.7% share, followed by hydro with two tenders and an 18.2% share and thermal with one tender and a 9.1% share.

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

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

1. Germany Trade And Invest (Germany): 600MW from one tender
2. Namkha Rural Municipality: 0.1MW from one tender.

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.