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January 19, 2022updated 24 Jan 2022 9:06am

T&D project tenders down 27% in Q4 2021

By admin-demo

T&D project tenders in Q4 2021 saw 265 tenders announced, marking a drop of 27% over the last four-quarter average of 365, according to GlobalData’s power industry tenders database.

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

  1. Project Implementation: 186 tenders and a 70.2% share
  2. Repair, Maintenance, Upgrade & Others: 39 tenders and a 14.7% share
  3. Consulting & Similar Services: 38 tenders and a 14.3% share
  4. Supply & Erection: two tenders and a 0.8% share.

Europe leads T&D project activity in Q4 2021

Comparing tenders activity in T&D project segment in different regions of the globe, Europe held the top position with 85 tenders and a share of 32.1% during Q4 2021, followed by Middle East and Africa with 75 tenders and a 28.3% share and Asia-Pacific with 72 tenders and a 27.2% share.

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Solar is leading technology for T&D project tenders in Q4 2021

Among the technologies, solar accounted for eight tenders with a 72.7% share, followed by thermal with one tender and a 9.1% share and wind with one tender and a 9.1% share.

T&D project tenders in Q4 2021: Top companies by capacity

The top issuer of T&D project tenders for the quarter in terms of power capacity involved was:Bangladesh-China Power (Bangladesh) with 60MW 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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