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  1. Market Data
January 22, 2021

Asia-Pacific T&D project tenders activity down 60% in Q4 2020

There were 278 T&D project tenders announced in the Asia-Pacific region in Q4 2020, marking a drop of 60% over the last four-quarter average of 699, according to GlobalData’s power industry tenders database.

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T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in Q4 2020 with 371 tenders and a 37.2% share, followed by T&D Project with 278 tenders and a 27.9% share and Power Plant with 208 tenders and a 20.9% share during the quarter.

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

  1. Project Implementation: 177 tenders and a 63.7% share
  2. Repair, Maintenance, Upgrade & Others: 89 tenders and a 32% share
  3. Consulting & Similar Services: 12 tenders and a 4.3% share.

Solar is top technology for Asia-Pacific T&D project tenders in Q4 2020

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

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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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