T&D project tenders down 40% in June 2020

23 July 2020 (Last Updated July 24th, 2020 12:06)
T&D project tenders down 40% in June 2020
Oil and gas companies are making moves into the UK energy market.

T&D project tenders in June 2020 saw 214 tenders announced, marking a drop of 40% over the last 12-month average of 357, according to GlobalData’s power industry tenders database.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

The proportion of tenders by category tracked by GlobalData in the month was as follows:

  1. Project Implementation: 148 tenders and a 69.2% share
  2. Repair, Maintenance, Upgrade & Others: 63 tenders and a 29.4% share
  3. Consulting & Similar Services: three tenders and a 1.4% share.

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

Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 179 tenders and a share of 83.6% during June 2020, followed by Europe with 28 tenders and a 13.1% share and Middle East and Africa with three tenders and a 1.4% share.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

Thermal is leading technology for T&D project tenders in June 2020

Among the technologies, thermal 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.