T&D project tenders down 46% in March 2020
T&D project tenders in March 2020 saw 204 tenders announced, marking a drop of 46% over the last 12-month average of 379, 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: 156 tenders and a 76.5% share
- Repair, Maintenance, Upgrade & Others: 43 tenders and a 21.1% share
- Consulting & Similar Services: five tenders and a 2.5% share.
Asia-Pacific leads T&D project activity in March 2020
Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 169 tenders and a share of 82.8% during March 2020, followed by Europe with 18 tenders and an 8.8% share and Middle East and Africa with 12 tenders and a 5.9% share.
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Solar is leading technology for T&D project tenders in March 2020
Among the technologies, solar accounted for five 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.