T&D project tenders down 26% in Q1 2020

25 April 2020 (Last Updated April 20th, 2020 14:43)

T&D project tenders down 26% in Q1 2020

T&D project tenders in Q1 2020 saw 850 tenders announced, marking a drop of 26% over the last four-quarter average of 1,152, according to GlobalData’s power industry tenders database.

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The proportion of tenders by category tracked by GlobalData in the quarter was as follows:

  1. Project Implementation: 684 tenders and an 80.5% share
  2. Repair, Maintenance, Upgrade & Others: 147 tenders and a 17.3% share
  3. Consulting & Similar Services: 16 tenders and a 1.9% share
  4. Supply & Erection: three tenders and a 0.4% share.

Asia-Pacific leads T&D project activity in Q1 2020

Comparing tenders activity in T&D project segment in different regions of the globe, Asia-Pacific held the top position with 737 tenders and a share of 86.7% during Q1 2020, followed by Europe with 62 tenders and a 7.3% share and Middle East and Africa with 36 tenders and a 4.2% share.

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Solar is leading technology for T&D project tenders in Q1 2020

Among the technologies, solar accounted for 12 tenders with an 80% share, followed by thermal with two tenders and a 13.3% share and wind with one tender and a 6.7% 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.