Asia-Pacific generation equipment contracts activity up 37% in October 2020

18 November 2020 (Last Updated November 18th, 2020 03:30)

Asia-Pacific generation equipment contracts activity up 37% in October 2020

There were 41 generation equipment contracts announced in the Asia-Pacific region in October 2020, marking a rise of 37% over the last 12-month average of 30, according to GlobalData’s power industry contracts database.

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Generation Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in October 2020 with 41 contracts and a 36.3% share, followed by Power Plant with 38 contracts and a 33.6% share and Electricity Procurement with 15 contracts and a 13.3% share during the month.

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

  1. Supply & Erection: 30 contracts and a 73.2% share
  2. Consulting & Similar Services: four contracts and a 9.8% share
  3. Project Implementation: four contracts and a 9.8% share
  4. Repair, Maintenance, Upgrade & Others: three contracts and a 7.3% share.

Solar is top technology for Asia-Pacific generation equipment contracts in October 2020

Looking at generation equipment contracts by the type of technology in the Asia-Pacific region, solar accounted for 14 contracts with a 35% share, followed by wind with 12 contracts and a 30% share and hydro with six contracts and a 15% share.

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Asia-Pacific generation equipment contracts in October 2020: Top issuers by capacity

The top issuers of generation equipment contracts for the month in terms of power capacity involved in Asia-Pacific were:

  1. Nepal Water & Energy Development (Nepal): 216MW from one contract
  2. PT Freeport Indonesia (Indonesia): 128MW from one contract
  3. Total (France), Adani Group (India) and Dhamra LNG Terminal Pvt: 29MW capacity from one contract.

Asia-Pacific generation equipment contracts in October 2020: Top winners by capacity

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

  1. Doosan Heavy Industries & Construction (South Korea): 216MW from one contract
  2. Wartsila (Finland): 128MW from one contract
  3. Rolls-Royce Holdings (United Kingdom): 29MW 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.