T&D equipment tenders up 15% in August 2020

6 October 2020 (Last Updated October 6th, 2020 03:29)

T&D equipment tenders up 15% in August 2020

T&D equipment tenders in August 2020 saw 277 tenders announced, marking a rise of 15% over the last 12-month average of 240, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 254 tenders and a 91.7% share
  2. Repair, Maintenance, Upgrade & Others: 21 tenders and a 7.6% share
  3. Project Implementation: two tenders and a 0.7% share.

Asia-Pacific leads T&D equipment activity in August 2020

Comparing tenders activity in T&D equipment segment in different regions of the globe, Asia-Pacific held the top position with 105 tenders and a share of 37.9% during August 2020, followed by North America with 101 tenders and a 36.5% share and Middle East and Africa with 30 tenders and a 10.8% share.

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Thermal is leading technology for T&D equipment tenders in August 2020

Among the technologies, thermal accounted for 14 tenders with a 77.8% share, followed by hydro with two tenders and an 11.1% share and solar with one tender and a 5.6% share.

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.