T&D equipment tenders up 15% in July 2020

19 August 2020 (Last Updated August 19th, 2020 04:52)

T&D equipment tenders up 15% in July 2020
Oil and gas companies are making moves into the UK energy market.

T&D equipment tenders in July 2020 saw 276 tenders announced, marking a rise of 15% over the last 12-month average of 241, 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: 249 tenders and a 90.2% share
  2. Repair, Maintenance, Upgrade & Others: 22 tenders and an 8% share
  3. Project Implementation: five tenders and a 1.8% share.

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

Comparing tenders activity in T&D equipment segment in different regions of the globe, Asia-Pacific held the top position with 134 tenders and a share of 48.6% during July 2020, followed by North America with 103 tenders and a 37.3% share and Europe with 19 tenders and a 6.9% share.

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

Among the technologies, thermal accounted for eight tenders with a 57.1% share, followed by hydro with five tenders and a 35.7% share and nuclear with one tender and a 7.1% 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.