T&D project tenders down 50% in April 2020

14 May 2020 (Last Updated May 14th, 2020 14:41)

T&D project tenders down 50% in April 2020

T&D project tenders in April 2020 saw 186 tenders announced, marking a drop of 50% over the last 12-month average of 369, 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. Project Implementation: 112 tenders and a 60.2% share
  2. Repair, Maintenance, Upgrade & Others: 66 tenders and a 35.5% share
  3. Consulting & Similar Services: eight tenders and a 4.3% share.

Asia-Pacific leads T&D project activity in April 2020

Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 159 tenders and a share of 85.5% during April 2020, followed by Europe with 13 tenders and a 7% share and Middle East and Africa with ten tenders and a 5.4% share.

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Solar is leading technology for T&D project tenders in April 2020

Among the technologies, solar accounted for one tender with a 100% 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.