T&D project tenders in May 2021 saw 93 tenders announced, marking a drop of 44% over the last 12-month average of 166, 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:
- Project Implementation: 67 tenders and a 72% share
- Repair, Maintenance, Upgrade & Others: 13 tenders and a 14% share
- Consulting & Similar Services: 13 tenders and a 14% share.
Asia-Pacific leads T&D project activity in May 2021
Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 33 tenders and a share of 35.5% during May 2021, followed by Middle East and Africa with 25 tenders and a 26.9% share and Europe with 20 tenders and a 21.5% share.
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Solar is leading technology for T&D project tenders in May 2021
Among the technologies, solar accounted for two tenders with a 66.7% share, followed by wind with one tender and a 33.3% 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.