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March 17, 2020

T&D equipment tenders down 26% in February 2020

T&D equipment tenders in February 2020 saw 192 tenders announced, marking a drop of 26% over the last 12-month average of 260, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 172 tenders and an 89.6% share
  2. Repair, Maintenance, Upgrade & Others: 12 tenders and a 6.3% share
  3. Project Implementation: eight tenders and a 4.2% share.

Asia-Pacific leads T&D equipment activity in February 2020

Comparing tenders activity in T&D equipment segment in different regions of the globe, Asia-Pacific held the top position with 103 tenders and a share of 53.6% during February 2020, followed by North America with 65 tenders and a 33.9% share and Europe with 13 tenders and a 6.8% share.

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Thermal is leading technology for T&D equipment tenders in February 2020

Among the technologies, thermal accounted for seven tenders with a 53.8% share, followed by hydro with five tenders and a 38.5% share and wind with one tender and a 7.7% 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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