Asia-Pacific T&D project tenders activity down 38% in June 2020
There were 179 T&D project tenders announced in the Asia-Pacific region in June 2020, marking a drop of 38% over the last 12-month average of 291, 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 June 2020 with 179 tenders and a 41.9% share, followed by T&D Equipment with 126 tenders and a 29.5% share and Power Plant with 79 tenders and an 18.5% share during the month.
The proportion of tenders by category tracked by GlobalData in the month was as follows:
- Project Implementation: 120 tenders and a 67% share
- Repair, Maintenance, Upgrade & Others: 58 tenders and a 32.4% share
- Consulting & Similar Services: one tender and a 0.6% 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.