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October 26, 2021

Asia-Pacific T&D project tenders activity down 56% in Q3 2021

There were 101 T&D project tenders announced in the Asia-Pacific region in Q3 2021, marking a drop of 56% over the last four-quarter average of 228, 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 Q3 2021 with 217 tenders and a 36.5% share, followed by Power Plant with 125 tenders and a 21% share and Generation Equipment with 109 tenders and an 18.3% share during the quarter.

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

  1. Project Implementation: 78 tenders and a 77.2% share
  2. Consulting & Similar Services: 19 tenders and an 18.8% share
  3. Repair, Maintenance, Upgrade & Others: four tenders and a 4% share.

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Solar is top technology for Asia-Pacific T&D project tenders in Q3 2021

Looking at T&D project tenders by the type of technology in the Asia-Pacific region, solar accounted for six tenders with an 85.7% share, followed by hydro with one tender and a 14.3% share.

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Asia-Pacific T&D project tenders in Q3 2021: Top companies by capacity

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

  1. NHPC (India): 600MW from one tender
  2. Ministry of Energy, Uzbekistan: 300MW from one tender
  3. Bangladesh-China Power (Bangladesh): 68MW capacity 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.

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