Asia-Pacific T&D project tenders activity down 51% in November 2020

11 December 2020 (Last Updated December 11th, 2020 06:00)

Asia-Pacific T&D project tenders activity down 51% in November 2020

There were 105 T&D project tenders announced in the Asia-Pacific region in November 2020, marking a drop of 51% over the last 12-month average of 214, 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 November 2020 with 142 tenders and a 40.3% share, followed by T&D Project with 105 tenders and a 29.8% share and Power Plant with 59 tenders and a 16.8% share during the month.

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

  1. Project Implementation: 64 tenders and a 61% share
  2. Repair, Maintenance, Upgrade & Others: 36 tenders and a 34.3% share
  3. Consulting & Similar Services: five tenders and a 4.8% share.

Solar is top technology for Asia-Pacific T&D project tenders in November 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.