T&D project tenders down 46% in March 2020

20 April 2020 (Last Updated April 20th, 2020 14:29)

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.

  • 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: 156 tenders and a 76.5% share
  2. Repair, Maintenance, Upgrade & Others: 43 tenders and a 21.1% share
  3. 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.

  • Embed this chart

    Embed this chart into your website

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

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.