Asia-Pacific T&D equipment tenders activity down 14% in October 2019

29 November 2019 (Last Updated November 29th, 2019 07:42)

Asia-Pacific T&D equipment tenders activity down 14% in October 2019

There were 113 T&D equipment tenders announced in the Asia-Pacific region in October 2019, marking a drop of 14% over the last 12-month average of 131, 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 October 2019 with 302 tenders and a 51.4% share, followed by T&D Equipment with 113 tenders and a 19.2% share and Generation Equipment with 99 tenders and a 16.8% share during the month.

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

  1. Supply & Erection: 98 tenders and an 86.7% share
  2. Repair, Maintenance, Upgrade & Others: 15 tenders and a 13.3% share.

Hydro is top technology for Asia-Pacific T&D equipment tenders in October 2019

Looking at T&D equipment tenders by the type of technology in the Asia-Pacific region, hydro accounted for eight tenders with an 88.9% share, followed by thermal with one tender and an 11.1% 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.