Asia-Pacific T&D equipment tenders activity down 19% in February 2020

19 March 2020 (Last Updated March 19th, 2020 06:46)

Asia-Pacific T&D equipment tenders activity down 19% in February 2020

There were 103 T&D equipment tenders announced in the Asia-Pacific region in February 2020, marking a drop of 19% over the last 12-month average of 127, according to GlobalData’s power industry tenders database.

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T&D Project stood at first place when compared with other power tender categories in the Asia-Pacific region in February 2020 with 262 tenders and a 50.3% share, followed by T&D Equipment with 103 tenders and a 19.8% share and Generation Equipment with 79 tenders and a 15.2% share during the month.

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

  1. Supply & Erection: 86 tenders and an 83.5% share
  2. Repair, Maintenance, Upgrade & Others: 11 tenders and a 10.7% share
  3. Project Implementation: six tenders and a 5.8% share.

Hydro is top technology for Asia-Pacific T&D equipment tenders in February 2020

Looking at T&D equipment tenders by the type of technology in the Asia-Pacific region, hydro accounted for five tenders with a 50% share, followed by thermal with five tenders and a 50% share.

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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.