Asia-Pacific T&D project tenders activity down 74% in Q2 2021

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There were 91 T&D project tenders announced in the Asia-Pacific region in Q2 2021, marking a drop of 74 percent over the last four-quarter average of 354, according to GlobalData’s power industry tenders database.

T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in Q2 2021 with 167 tenders and a 32.6 percent share, followed by Power Plant with 126 tenders and a 24.6 percent share and T&D Project with 91 tenders and a 17.7 percent share during the quarter.

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

Project Implementation: 77 tenders and an 84.6 percent share

Consulting & Similar Services: eight tenders and an 8.8 percent share

Repair, Maintenance, Upgrade & Others: six tenders and a 6.6 percent share.

Solar is top technology for Asia-Pacific T&D project tenders in Q2 2021

Looking at T&D project tenders by the type of technology in the Asia-Pacific region, solar accounted for two tenders with a 50 percent share, followed by thermal with one tender and a 25 percent share and hydro with one tender and a 25 percent share.

Asia-Pacific T&D project tenders in Q2 2021: Top issuers by capacity

The top issuer of T&D project tenders for the quarter in terms of power capacity involved in Asia-Pacific was:GAIL (India) (India) with 2.64MW from one tender.