T&D project contracts in March 2022 saw 38 contracts announced, marking a rise of 6% over the last 12-month average of 36, according to GlobalData’s power industry contracts database.
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The proportion of contracts by category tracked by GlobalData in the month was as follows:
- Consulting & Similar Services: 19 contracts and a 50% share
- Project Implementation: 17 contracts and a 44.7% share
- Repair, Maintenance, Upgrade & Others: two contracts and a 5.3% share.
Asia-Pacific leads T&D project activity in March 2022
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By GlobalDataComparing contracts activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 34 contracts and a share of 89.5% during March 2022, followed by Middle East and Africa with three contracts and a 7.9% share and Europe with one contract and a 2.6% share.
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Solar is leading technology for T&D project contracts in March 2022
Among the technologies, solar accounted for ten contracts with a 52.6% share, followed by wind with seven contracts and a 36.8% share and thermal with two contracts and a 10.5% share.
T&D project contracts in March 2022: Top companies by capacity
The top issuer of T&D project contracts for the month in terms of power capacity involved was:Beijing Jingneng Clean Energy (China) with 50MW from one contract.
T&D project contracts in March 2022: Top winners by capacity
The top winners of contracts for the month in terms of power capacity involved were:
- PowerChina Nuclear Engineering (China): 400MW from two contracts
- Sinohydro Engineering Bureau four (China): 300MW from one contract
- China Power Engineering Consulting Group (China): 250MW capacity from two contracts.
All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.