T&D equipment tenders down 25% in November 2019

17 December 2019 (Last Updated December 17th, 2019 06:11)

T&D equipment tenders down 25% in November 2019

T&D equipment tenders in November 2019 saw 203 tenders announced, marking a drop of 25% over the last 12-month average of 271, 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: 185 tenders and a 91.1% share
  2. Repair, Maintenance, Upgrade & Others: 17 tenders and an 8.4% share
  3. Project Implementation: one tender and a 0.5% share.

Asia-Pacific leads T&D equipment activity in November 2019

Comparing tenders activity in T&D equipment segment in different regions of the globe, Asia-Pacific held the top position with 104 tenders and a share of 51.2% during November 2019, followed by North America with 39 tenders and a 19.2% share and Middle East and Africa with 37 tenders and an 18.2% share.

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Thermal is leading technology for T&D equipment tenders in November 2019

Among the technologies, thermal accounted for five tenders with a 45.5% share, followed by hydro with three tenders and a 27.3% share and solar with three tenders and a 27.3% 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.