T&D project tenders down 40% in June 2020
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.
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The proportion of tenders by category tracked by GlobalData in the month was as follows:
- Project Implementation: 148 tenders and a 69.2% share
- Repair, Maintenance, Upgrade & Others: 63 tenders and a 29.4% share
- 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.
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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.