Asia-Pacific Hydro technology contracts activity rises 44% in Q3 2020

26 October 2020 (Last Updated October 26th, 2020 03:48)

Asia-Pacific Hydro technology contracts activity rises 44% in Q3 2020

Asia-Pacific hydro technology contracts in Q3 2020 saw 23 contracts announced, marking a rise of 44% over the last four-quarter average of 16, according to GlobalData’s power industry contracts database.

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

  1. Supply & Erection with seven contracts and a 30.4% share
  2. Power Purchase Agreement: six contracts and a 26.1% share
  3. Project Implementation: five contracts and a 21.7% share
  4. Consulting & Similar Services: four contracts and a 17.4% share
  5. Repair, Maintenance, Upgrade & Others: one contract and a 4.3% share.

India tops Asia-Pacific hydro power contracts activity

India was the top country in the Asia-Pacific region for hydro technology contracts recorded in Q3 2020 with six contracts and a 26.1% share, followed by Japan with six contracts and a 26.1% share and Nepal with three contracts and a 13% share.

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Asia-Pacific hydro technology contracts in Q3 2020: Top issuers by capacity

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

  1. Government of Pakistan (Pakistan): 700.7MW from one contract
  2. Walcha Energy (Australia): 500MW from one contract
  3. Manipur State Power Distribution: 66MW capacity from one contract.

Asia-Pacific hydro technology contracts in Q3 2020: Top winners by capacity

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

  1. China Gezhouba Group (China): 732.7MW from two contracts
  2. GE Renewable Energy (France): 500MW from one contract
  3. Loktak Downstream Hydroelectric (India): 66MW 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.