Asia-Pacific T&D equipment tenders activity down 15% in Q4 2019

28 February 2020 (Last Updated February 28th, 2020 11:53)

Asia-Pacific T&D equipment tenders activity down 15% in Q4 2019

There were 335 T&D equipment tenders announced in the Asia-Pacific region in Q4 2019, marking a drop of 15% over the last 12-month average of 394, 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 Q4 2019 with 991 tenders and a 53.3% share, followed by T&D Equipment with 335 tenders and an 18% share and Generation Equipment with 277 tenders and a 14.9% share during the quarter.

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

  1. Supply & Erection: 291 tenders and an 86.9% share
  2. Repair, Maintenance, Upgrade & Others: 43 tenders and a 12.8% share
  3. Project Implementation: one tender and a 0.3% share.

Hydro is top technology for Asia-Pacific T&D equipment tenders in Q4 2019

Looking at T&D equipment tenders by the type of technology in the Asia-Pacific region, hydro accounted for 14 tenders with a 50% share, followed by thermal with 12 tenders and a 42.9% share and solar with two tenders and a 7.1% 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.