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  1. Market Data
April 11, 2022

T&D project tenders down 64% in Q1 2022

By Carmen

T&D project tenders in Q1 2022 saw 113 tenders announced, marking a drop of 64% over the last four-quarter average of 318, 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: 81 tenders and a 71.7% share
  2. Repair, Maintenance, Upgrade & Others: 16 tenders and a 14.2% share
  3. Consulting & Similar Services: 15 tenders and a 13.3% share
  4. Supply & Erection: one tender and a 0.9% share.

Europe leads T&D project activity in Q1 2022

Comparing tenders activity in T&D project segment in different regions of the globe, Europe held the top position with 54 tenders and a share of 47.8% during Q1 2022, followed by Asia-Pacific with 36 tenders and a 31.9% share and Middle East and Africa with ten tenders and an 8.8% share.

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Solar is leading technology for T&D project tenders in Q1 2022

Among the technologies, solar accounted for four tenders with a 57.1% share, followed by wind with one tender and a 14.3% share and hydro with one tender and a 14.3% share.

T&D project tenders in Q1 2022: Top companies by capacity

The top issuer of T&D project tenders for the quarter in terms of power capacity involved was:Tanzania Electric Supply (Tanzania) with 50MW 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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