Asia-Pacific T&D project tenders activity down 54% in Q3 2020

6 November 2020 (Last Updated November 6th, 2020 03:06)

Asia-Pacific T&D project tenders activity down 54% in Q3 2020

There were 383 T&D project tenders announced in the Asia-Pacific region in Q3 2020, marking a drop of 54% over the last 12-month average of 833, 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 Q3 2020 with 421 tenders and a 34.7% share, followed by T&D Project with 383 tenders and a 31.5% share and Power Plant with 261 tenders and a 21.5% share during the quarter.

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

  1. Project Implementation: 253 tenders and a 66.1% share
  2. Repair, Maintenance, Upgrade & Others: 104 tenders and a 27.2% share
  3. Consulting & Similar Services: 26 tenders and a 6.8% share.

Hydro is top technology for Asia-Pacific T&D project tenders in Q3 2020

Looking at T&D project tenders by the type of technology in the Asia-Pacific region, hydro accounted for one tender with a 33.3% share, followed by solar with one tender and a 33.3% share and thermal with one tender and a 33.3% 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.