Asia-Pacific T&D project tenders activity down 34% in Q2 2020

23 August 2020 (Last Updated August 19th, 2020 16:10)

Asia-Pacific T&D project tenders activity down 34% in Q2 2020

There were 593 T&D project tenders announced in the Asia-Pacific region in Q2 2020, marking a drop of 34% over the last 12-month average of 893, 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 Q2 2020 with 593 tenders and a 45.4% share, followed by T&D Equipment with 365 tenders and a 27.9% share and Power Plant with 177 tenders and a 13.5% share during the quarter.

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

  1. Project Implementation: 400 tenders and a 67.5% share
  2. Repair, Maintenance, Upgrade & Others: 188 tenders and a 31.7% share
  3. Consulting & Similar Services: five tenders and a 0.8% share.

Solar is top technology for Asia-Pacific T&D project tenders in Q2 2020

Looking at T&D project tenders by the type of technology in the Asia-Pacific region, solar accounted for three tenders 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.