Asia-Pacific T&D equipment tenders activity down 22% in November 2019

20 December 2019 (Last Updated December 20th, 2019 06:57)

Asia-Pacific T&D equipment tenders activity down 22% in November 2019

There were 104 T&D equipment tenders announced in the Asia-Pacific region in November 2019, marking a drop of 22% over the last 12-month average of 134, 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 November 2019 with 357 tenders and a 57.3% share, followed by T&D Equipment with 104 tenders and a 16.7% share and Generation Equipment with 93 tenders and a 14.9% share during the month.

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

  1. Supply & Erection: 95 tenders and a 91.3% share
  2. Repair, Maintenance, Upgrade & Others: nine tenders and an 8.7% share.

Thermal is top technology for Asia-Pacific T&D equipment tenders in November 2019

Looking at T&D equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for five tenders with a 62.5% share, followed by solar with two tenders and a 25% share and hydro with one tender and a 12.5% 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.