Asia-Pacific T&D equipment tenders activity down 16% in Q3 2019

4 December 2019 (Last Updated December 4th, 2019 05:51)

Asia-Pacific T&D equipment tenders activity down 16% in Q3 2019

There were 324 T&D equipment tenders announced in the Asia-Pacific region in Q3 2019, marking a drop of 16% over the last 12-month average of 388, 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 Q3 2019 with 895 tenders and a 50.9% share, followed by T&D Equipment with 324 tenders and an 18.4% share and Generation Equipment with 255 tenders and a 14.5% share during the quarter.

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

  1. Supply & Erection: 275 tenders and an 84.9% share
  2. Repair, Maintenance, Upgrade & Others: 47 tenders and a 14.5% share
  3. Project Implementation: two tenders and a 0.6% share.

Thermal is top technology for Asia-Pacific T&D equipment tenders in Q3 2019

Looking at T&D equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 20 tenders with a 52.6% share, followed by hydro with 16 tenders and a 42.1% share and solar with one tender and a 2.6% 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.