T&D project tenders in May 2022 saw 56 tenders announced, marking a drop of 31% over the last 12-month average of 81, 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: 41 tenders and a 73.2% share
- Consulting & Similar Services: ten tenders and a 17.9% share
- Repair, Maintenance, Upgrade & Others: four tenders and a 7.1% share
- Supply & Erection: one tender and a 1.8% share.
Asia-Pacific leads T&D project activity in May 2022
Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 34 tenders and a share of 60.7% during May 2022, followed by Europe with 17 tenders and a 30.4% share and Middle East and Africa with three tenders and a 5.4% share.
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By GlobalData
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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.