Asia-Pacific T&D equipment tenders activity up 37% in September 2020

29 October 2020 (Last Updated October 29th, 2020 03:14)

Asia-Pacific T&D equipment tenders activity up 37% in September 2020

There were 160 T&D equipment tenders announced in the Asia-Pacific region in September 2020, marking a rise of 37% over the last 12-month average of 117, according to GlobalData’s power industry tenders database.

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T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in September 2020 with 160 tenders and a 38.8% share, followed by T&D Project with 108 tenders and a 26.2% share and Power Plant with 87 tenders and a 21.1% share during the month.

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

  1. Supply & Erection: 118 tenders and a 73.8% share
  2. Repair, Maintenance, Upgrade & Others: 31 tenders and a 19.4% share
  3. Project Implementation: 11 tenders and a 6.9% share.

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

Looking at T&D equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for six tenders with a 66.7% share, followed by hydro with two tenders and a 22.2% share and solar 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.