T&D project tenders down 30% in January 2020

17 February 2020 (Last Updated February 17th, 2020 06:48)

T&D project tenders down 30% in January 2020
Oil and gas companies are making moves into the UK energy market.

T&D project tenders in January 2020 saw 268 tenders announced, marking a drop of 30% over the last 12-month average of 384, 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: 219 tenders and an 81.7% share
  2. Repair, Maintenance, Upgrade & Others: 44 tenders and a 16.4% share
  3. Consulting & Similar Services: four tenders and a 1.5% share
  4. Supply & Erection: one tender and a 0.4% share.

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

Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 238 tenders and a share of 88.8% during January 2020, followed by Europe with 19 tenders and a 7.1% share and Middle East and Africa with six tenders and a 2.2% share.

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

Among the technologies, solar accounted for three tenders 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.