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  1. Market Data
October 26, 2021

T&D project tenders down 26% in Q3 2021

T&D project tenders in Q3 2021 saw 321 tenders announced, marking a drop of 26% over the last four-quarter average of 431, 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: 233 tenders and a 72.6% share
  2. Consulting & Similar Services: 55 tenders and a 17.1% share
  3. Repair, Maintenance, Upgrade & Others: 32 tenders and a 10% share
  4. Supply & Erection: one tender and a 0.3% share.

Asia-Pacific leads T&D project activity in Q3 2021

Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 101 tenders and a share of 31.5% during Q3 2021, followed by Europe with 101 tenders and a 31.5% share and Middle East and Africa with 71 tenders and a 22.1% share.

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Solar is leading technology for T&D project tenders in Q3 2021

Among the technologies, solar accounted for ten tenders with a 76.9% share, followed by wind with two tenders and a 15.4% share and hydro with one tender and a 7.7% share.

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 were:

  1. NHPC (India): 600MW from one tender
  2. Arise IIP: 390MW from one tender
  3. Ministry of Energy, Uzbekistan: 300MW 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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