There were 47 T&D project contracts announced in the Asia-Pacific region in Q4 2021, marking a rise of 42% over the last four-quarter average of 33, according to GlobalData’s power industry contracts database.

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Power Plant stood at first place when compared with other power tender categories in the Asia-Pacific region in Q4 2021 with 167 contracts and a 43.4% share, followed by Electricity Procurement with 70 contracts and an 18.2% share and Generation Equipment with 67 contracts and a 17.4% share during the quarter.

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

  1. Project Implementation: 31 contracts and a 66% share
  2. Consulting & Similar Services: 13 contracts and a 27.7% share
  3. Repair, Maintenance, Upgrade & Others: three contracts and a 6.4% share.

Solar is top technology for Asia-Pacific T&D project contracts in Q4 2021

Looking at T&D project contracts by the type of technology in the Asia-Pacific region, solar accounted for nine contracts with a 75% share, followed by wind with three contracts and a 25% share.

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Asia-Pacific T&D project contracts in Q4 2021: Top companies by capacity

The top issuers of T&D project contracts for the quarter in terms of power capacity involved in Asia-Pacific were:

  1. China Shenhua International Engineering (China): 129.97MW from one contract
  2. Huadian Yunnan Power Generation (China) and Yugan County Guoneng New Energy (China): 100MW from one contract.

Asia-Pacific T&D project contracts in Q4 2021: Top winners by capacity

The top winners of contracts for the quarter in terms of power capacity involved in Asia-Pacific were:

  1. Power Construction Corporation of China (China): 400MW from one contract
  2. PowerChina Hubei Engineering (China): 129.97MW from one contract
  3. China Energy Engineering Group Planning and Engineering (China) and Sinohydro Bureau one (China): 100MW capacity from one contract.

All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.