T&D project tenders down 31% in May 2020

7 June 2020 (Last Updated August 16th, 2020 05:05)
T&D project tenders down 31% in May 2020

T&D project tenders in May 2020 saw 253 tenders announced, marking a drop of 31% over the last 12-month average of 365, 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: 181 tenders and a 71.5% share
  2. Repair, Maintenance, Upgrade & Others: 64 tenders and a 25.3% share
  3. Consulting & Similar Services: eight tenders and a 3.2% share.

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

Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 212 tenders and a share of 83.8% during May 2020, followed by Europe with 22 tenders and an 8.7% share and South and Central America with eight tenders and a 3.2% share.

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

Among the technologies, solar accounted for two 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.