Asia-Pacific T&D project tenders activity down 55% in August 2020

7 October 2020 (Last Updated October 7th, 2020 16:25)

Asia-Pacific T&D project tenders activity down 55% in August 2020

There were 116 T&D project tenders announced in the Asia-Pacific region in August 2020, marking a drop of 55% over the last 12-month average of 259, 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 August 2020 with 116 tenders and a 34.4% share, followed by T&D Equipment with 105 tenders and a 31.2% share and Power Plant with 77 tenders and a 22.8% share during the month.

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

  1. Project Implementation: 79 tenders and a 68.1% share
  2. Repair, Maintenance, Upgrade & Others: 32 tenders and a 27.6% share
  3. Consulting & Similar Services: five tenders and a 4.3% share.

Solar is top technology for Asia-Pacific T&D project tenders in August 2020

Looking at T&D project tenders by the type of technology in the Asia-Pacific region, solar accounted for one tender with a 100% 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.