Asia-Pacific T&D equipment tenders activity down 1% in Q2 2020

29 August 2020 (Last Updated August 21st, 2020 14:14)
Asia-Pacific T&D equipment tenders activity down 1% in Q2 2020

There were 365 T&D equipment tenders announced in the Asia-Pacific region in Q2 2020, marking a drop of 1% over the last 12-month average of 368, 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 Q2 2020 with 593 tenders and a 45.4% share, followed by T&D Equipment with 365 tenders and a 27.9% share and Power Plant with 177 tenders and a 13.5% share during the quarter.

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

  1. Supply & Erection: 276 tenders and a 75.6% share
  2. Repair, Maintenance, Upgrade & Others: 89 tenders and a 24.4% share.

Thermal is top technology for Asia-Pacific T&D equipment tenders in Q2 2020

Looking at T&D equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 25 tenders with a 67.6% share, followed by hydro with 12 tenders and a 32.4% 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.