T&D project tenders down 45% in August 2020

6 October 2020 (Last Updated October 6th, 2020 03:27)

T&D project tenders down 45% in August 2020

T&D project tenders in August 2020 saw 175 tenders announced, marking a drop of 45% over the last 12-month average of 318, 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: 122 tenders and a 69.7% share
  2. Repair, Maintenance, Upgrade & Others: 45 tenders and a 25.7% share
  3. Consulting & Similar Services: eight tenders and a 4.6% share.

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

Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 116 tenders and a share of 66.3% during August 2020, followed by Europe with 27 tenders and a 15.4% share and Middle East and Africa with 19 tenders and a 10.9% share.

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

Among the technologies, solar accounted for two tenders with a 66.7% share, followed by hydro with one tender and a 33.3% 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.