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October 30, 2020

T&D project tenders down 43% in Q3 2020

T&D project tenders in Q3 2020 saw 576 tenders announced, marking a drop of 43% over the last four-quarter average of 1,017, according to GlobalData’s power industry tenders database.

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

  1. Project Implementation: 384 tenders and a 66.7% share
  2. Repair, Maintenance, Upgrade & Others: 141 tenders and a 24.5% share
  3. Consulting & Similar Services: 51 tenders and an 8.9% share.

Asia-Pacific leads T&D project activity in Q3 2020

Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 383 tenders and a share of 66.5% during Q3 2020, followed by Europe with 83 tenders and a 14.4% share and Middle East and Africa with 65 tenders and an 11.3% share.

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Solar is leading technology for T&D project tenders in Q3 2020

Among the technologies, solar accounted for six tenders with a 60% share, followed by hydro with two tenders and a 20% share and thermal with one tender and a 10% 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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