T&D project tenders down 48% in October 2020

12 November 2020 (Last Updated November 17th, 2020 10:27)

T&D project tenders down 48% in October 2020

T&D project tenders in October 2020 saw 150 tenders announced, marking a drop of 48% over the last 12-month average of 290, 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: 92 tenders and a 61.3% share
  2. Repair, Maintenance, Upgrade & Others: 41 tenders and a 27.3% share
  3. Consulting & Similar Services: 16 tenders and a 10.7% share
  4. Supply & Erection: one tender and a 0.7% share.

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

Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 98 tenders and a share of 65.3% during October 2020, followed by Europe with 31 tenders and a 20.7% share and Middle East and Africa with nine tenders and a 6% share.

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

Among the technologies, solar accounted for seven tenders with an 87.5% share, followed by wind with one tender and a 12.5% 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.